NISM EQUITY SALES

I. Overview of Indian Securities Market

  • Introduction
  • Market Regulators
  • Market Segments
  • Market Participants
  • Types of Investors

II. Regulatory Framework

  • Securities Contracts (Regulation) Act, 1956
  • Securities Contracts (Regulation) Rules, 1957
  • Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012
  • Securities and Exchange Board of India Act, 1992
  • The Depositories Act, 1996
  • The Companies Act, 1956
  • Prevention of Money Laundering Act, 2002
  • SEBI (Stock Brokers & Sub-brokers) Regulations, 1992
  • SEBI (Prohibition of Insider Trading) Regulations, 1992
  • SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities
  • Markets) Regulation, 2003

III. Primary Market

  • Introduction to Primary Market
  • Issue of Shares
  • Public Issue

IV. Secondary Market

  • Introduction to Secondary Market
  • Functioning of the Secondary Market
  • Market Phases

V. Understanding Market Indicators

  • Index and its Significance
  • Types of Indices based on Calculation Methodology
  • Major Indices in India
  • Impact cost – A Measure of Market Liquidity
  • Risk and Beta
  • Market Capitalization Ratio
  • Turnover Ratio
  • Fundamental Analysis
  • Technical Analysis 

VI. Trading and Risk Management

  • Trading Systems in India
  • Orders
  • Trade Life Cycle
  • Mechanism of Circuit Breakers
  • Transaction Charges
  • Capital Adequacy Requirements of Trading Members
  • Risk Management System

VII. Clearing and Settlement

  • Types of Accounts
  • Clearing Process

VIII. Market Surveillance

  • Introduction to Market Surveillance
  • Market Surveillance Mechanism (by Exchanges and by SEBI)

IX. Client Management

  • Introduction to Client Management
  • Types of Risks
  • Risk Profiling of Investors
  • Financial Planning
  • Product Suitability
  • Review of Client’s Portfolio
  • Client Account
  • Taxation
  • Investor Grievance Mechanism