INTRODUCTION

With the economy surging, things are getting better in the Banking Industry. There are plenty of changes occurs daily. According to Reserve bank of Indias banking review of 2004 2007 there was a notable pick up in demand from industry for investments and a surge in exports. Evidently, the industrys focus now is on scaling up both domestically and in markets abroad, widening the product and services port folio, and better using technology to make banking more accessible and efficient. Most of researchers conclusion is, Whether or not the sectors actually opens up in 2009, banks should use that as an opportunity to get their growth strategies in place. Not Just through organic growth, but growth through mergers and acquisition. What India need is not a large number of small banks, but a small number of large banks. As the RBIs, said at Indian Banking Associations Jan 31 Seminar on Indian Banks and the Global change there is growing realization that the ability to cope with possible downside risks would depend among others on the soundness of the financial system and the strength of Individual participation. India is still cagey about foreign investments in banks. Though a dramatic changes sweeping through the industry for some years now in the rise of Indias Public sector bank and private sector still it should fuel its grow to open up eyes towards open market.

In this scenario, While we look at the Sensex breach the 10,000 level for the first time it was yet another sign the India as a market for global liquidity had arrived. When, We start co-relating the Gross Domestic Product (GDP) growth of emerging markets are supposed to reflect the health of the economy where India emerges as a key player, India is arguably the best placed amongst the entire emerging market lot. Form the Investors point of view earning growth, price-earning multiplies and of course the performance of the economy matters.

OBJECTIVES OF THE STUDY

PRIMERY OBJECTIVE To analyze the various factors which influence the share price of SBI and ICICI bank SECONDREY OBJECTIVE To analyze the market value of SBI and ICICI bank To offer suggestions and recommendations based on the findings. To study the performance of ICICI and SBI To identify the under value securities to buy or over value securities to sell of ICICI and SBI. To analyse and point out the position of economy an industry and the company with a view to select the best possible company for investment.
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To find out the key determinants of intrinsic value (intrinsic is equal to the present value of a stream of cash flows expected to be generated by the financial assets)