Annexure I

A Project Report

On

“Stock Market Operations”

School of Banking, Financial Services and Insurance

Batch 2019- 2022

Faculty Mentor: Submitted By:

Prof. Dr. Kapil Shrimal Student: Jagrata Banerjee

Batch: 2019-22
 Symbiosis University of Applied Sciences, Indore

School of Banking, Financial Services and Insurance

Annexure II

TO WHOMSOEVER IT MAY CONCERN

This is to certify that the Summer Project Study Report, Titled “Stock Market Operations”
submitted by Mr. Jagrata Banerjee as partial fulfillment of requirement of the three year BBA
(2019-2022) is a bonafide work carried out by the student at our Institute.

This Summer Project Study is his/her original work and has not been submitted to any other
University/Institute.

Dr. Kapil Shrimal Dr. Abhishek Tripathi

Faculty mentor Director

Date:

Place:
 Annexure III

Summer Internship Completion Certificate from the Company

Summer Internship Completion Certificate

Date: 01/10/2021

To

The Director

School of Banking, Financial Services and Insurance

Symbiosis University of Applied Sciences

Indore

This is to certify that Mr. Jagrata Banerjee, student of Batch BBA 2016–2019 at Symbiosis
University of Applied Sciences, Indore Department: School of Banking, Financial Services
and Insurance has successfully completed his/her Summer Internship from 1st Aug 2021 to 30th
September 2021 in our organization.

During this period his/her performance was Satisfactory/ good/ Very Good (Kindly tick one).

Remarks:
……………………………………………………………………………………………………
……………………………………………………………………………………………………
………

( )

Signature

Name of the Issuing Authority………………………………………

Designation……………………………………………………………

Official Seal ……………………………………

Annexure IV

Declaration Certificate by Student

DECLARATION BY THE STUDENT

I, Jagrata Banerjee, student of BBA batch (2019-2022) declare that the project entitled Stock
Market Operations, is my own work conducted under the supervision of Mr. Rajendra
Mundra as a partial fulfillment of Summer Internship Program for the course of BBA submitted
to Dr. Kapil Shrimal and Symbiosis University of Applied Sciences, Indore Department:
School of Banking, Financial Service and Insurance

I further declare that to the best of my knowledge the project does not contain any part of any
work which has been submitted for any other project either in this institute or in any other
without proper citation.

Place: Indore

Date: 19/10/2021 Signature of the Candidate

 Executive Summary

About the Company:

Swastika Investmart Ltd is an India-based Company. The Company provides

complete financial services including Stock currency and Commodity Trading
Depository Services as a Depository Participant (DP) of both Central Depository
Service (India) Limited (CDSL) and National Securities Depository Limited
(NSDL) depositories Portfolio Management and Investment Advisory Technical
and Fundamental Research based Advices Internet and Mobile Trading Initial
Public Offering (IPO) Mutual fund and Insurance.

The Company is also involved in the field of Hire Purchase and Lease Finance.
Its subsidiaries include: Swastika Commodities Private Limited Swastika Fin-
Mart Private Limited and Swastika Insurance Services Limited. Swastika
Investmart Ltd. (Formerly known as Swastika Fin-Lease Ltd.) a Public Limited
Company was incorporated in 1992 with its Registered Office in Mumbai and
Administrative office at Indore (M.P.).
It was promoted by Mr. Sunil Nyati belonging to the Swastika group of
Rajasthan engaged in diversified business since 1959.In the year 1995 the
company came out with a Public issue of 15 Lac equity shares of Rs.10/- each
for cash at par aggregating Rs.150 Lakhs.

The shares of company are listed on BSE and are one of the few listed
companies engaged in Stock broking and Capital Markets activities. Since
incorporation till 1998 the company was actively involved in the field of Hire
Purchase and Lease Finance.

It started the stock broking business as a sub-broker in the year 1998 and after
getting the experience and with the blessings of its satisfied customers it took the
Corporate Membership of NSE in 2000 and BSE in 2004. Later it got registered
with CDSL in 2006 as Depository Participant as well.

In the year 2007 the company has acquired membership of two premier
Commodity Exchanges of India NCDEX and MCX through its wholly owned
subsidiary company Swastika Commodity Pvt. Ltd. It has also got the corporate
membership of Currency Derivatives with NSE and MCX-SX in the year 2008.
In 2009 company has started the services of Portfolio Management Services after
being registered with the SEBI for the same. In year 2010 after having more than
20000 clients in CDSL NSDL Depository added in the Company Portfolio.
Company has also taken Member ship of USE & ICEX. In 2011 company has
added Membership of NCDEX Spot Exchange.

Over the years Swastika has followed a consistent growth path and is established
as one of the leading broking houses of the country with the support and
confidence of its clients’, investors, employees and associates.

Today the Swastika group is managed by a team of over 250 professional staff
members and has got a nationwide network. Swastika Investmart Limited is a
corporate member of all the premier stock and commodity exchanges.
 The Problem Opportunity:

The project given to us was to understand the operations of the stock market
through various technical analyses, how the stock market works, what are the
various types of instruments available in the stock market, how to trade in the
market through a modern trading software.

They also made me learn about the derivatives, mutual funds and insurance
products available, and how to invest in various such products.

It was also asked to acquire clients by telephonic conversations, and pitch them
for the products and services offered by the company.

Methodology:

 To make us understand the operations of the stock market through technical

analysis, they make me learn the basics of candlestick chart patterns, their trend
behaviour and how to predict the next trend of the chart by analysing various
patterns.
 After being thorough about the chart patterns, using the same knowledge, they
made me trade through their trading software on a particular security.
 Learning Objectives

 To open trading and demat accounts for clients.

 To learn about various operations of stock and derivative market.
 To learn about insurance and mutual fund products.
 To learn Technical and fundamental analysis for stocks, using various charts.
 To learn about the working of the trading software, and access the ledger of
clients’ from the back office.
 To learn to execute a trade using the software or the application.
 SWOT Analysis
Strengths:
 Consistent Highest Return Stocks over Five Years – Nifty 500
 Strong Annual EPS Growth
 High Revenue and Profit Growth with High Return on Capital Deployed
(ROCE) and Low PE ratio
 Growth in Net Profit with increasing Profit Margin (QoQ)
 Company with Zero Promoter Pledge

Weaknesses:

 Negative Breakdown First Support (LTP < S1)

 Black Marubozu (Bearish)
 Decline in Quarterly Net Profit with falling Profit Margin (YoY)
 Declining Net Cash Flow : Companies not able to generate net cash
 Weak Momentum: Price below Short, Medium and Long Term Averages

Opportunities:

 Rising Delivery Percentage Compared to Previous Day

 Rising Delivery Percentage Compared to Previous Day and Month, Strong
Volumes
 Undervalued Growth Stocks
 Highest Recovery from 52 Week Low
 Decrease in Provision in recent results
 Stock with Low PE (PE < = 10)

Threats:
  Increasing Trend in Non-Core Income

INTERNSHIP PROGRAM: SUMMARY OF WEEKLY REPORT

Name: Jagrata Banerjee

School/Program: BBA- BFSI

Enrollment No: 2019BBBF035

Mobile No: +9131615409

E-mail: jetaircraft2001@gmail.com

Faculty Mentor: Dr. Kapil Shrimal

Company Name: Swastika Investmart Limited

Industry Evaluator: Mr. Rajendra Mundra

SUMMARY OF WEEKLY REPORT OF 2nd August to 8th August 2021:
Task assigned during the week:
1. Understanding Stock
Market
2. Understanding Trading
Operations
3. Trade execution through
a trading software.
Learning Outcomes of the week:
1. Got an overview of how stock
market works.
2. Learnt to know that how to execute a
trade through a trading software.
Short Detailing: Trading is the operation of
buying and selling shares of companies
through software. The software shows the
real time price of the shares of all the
companies listed on the exchanges, which
changes from time to time.
SUMMARY OF WEEKLY REPORT OF 9th August to 15th August 2021:

Task assigned during the week: Learning Outcomes of the week:

1. Understanding KYC 1. Learnt about the KYC documents

required for opening of trading and
2. Opening of trading and
Demat account of clients.
Demat account of clients
2. Learnt that how to subscribe to an
3. Online subscription of
IPO through an online bidding
an IPO
system using the facility of ASBA.
SUMMARY OF WEEKLY REPORT OF 16th August to 22nd August 2021:

Task assigned during the week: Learning Outcomes of the week:

1. Understanding candle 1. Learnt how to read a candle stick

stick charts chart of 5 minutes, 10 minutes, 1
hour, 5 hours, etc.
2. Understanding other
types of charts, such as 2. Learnt about various types of candle
bar charts and line combinations, including the flag pole
charts. and the pennant patterns.

3. Learnt that what pattern of the

candles depict which information and
trend about the share prices.

Short Detailing: Candle stick charts the

types of charts, where each candle depicts
the opening, closing, high and low prices of
the shares in the selected time frame. Since,
it shows all the four prices in one candle it
gives a better view of the market session and
useful for predicting future trends for long
term trading.
SUMMARY OF WEEKLY REPORT OF 23rd August to 29th August 2021:

Task assigned during the week: Learning Outcomes of the week:

1. Client acquisition 1. Acquired 2 clients during the week

and also opened their trading and
2. Referring accounts to
Demat accounts.
other people in contact.
2. Both the clients invested a total of
₹10,000 and executed trades worth
₹9,100.
SUMMARY OF WEEKLY REPORT OF 30th August to 5th September 2021:

Task assigned during the week: Learning Outcomes of the week:

1. Understanding 1. Learnt about futures and options.

derivatives market.
2. Learnt to trade in European call
2. Understanding mutual option (CE) and European Put
funds options (PE).

3. Learnt about types of mutual funds.

4. Learnt in detail about how to start a

SIP.
SUMMARY OF WEEKLY REPORT OF 6th September to 12th September 2021:

Task assigned during the week: Learning Outcomes of the week:

1. Calling clients for not 1. Learnt to know the problems of the

trading for the last two clients.
months.
2. Learnt how to talk with clients

3. Learnt to know their difficulties and

helped in assisting them.
 Introduction of the Internship
Basic Company Information:
 Industry Name: Finance and Investments
 Date of Incorporation: 03/06/1992; 00:00:00
 ISIN Code: INE691C01014
 Address descriptor: Registered Office
 Address (Head office): Flat no. 108, North Wing, Madheshwar Society,
Madhav Nagar, SV Road, Andheri (W)
 City: Mumbai
 State: Maharashtra
 Country: India
 Pin Code: 400058
 Telephone: 26254568
 Email: info@swastika.co.in
 Website: http://www.swastika.co.in

The internship site is located besides the busy street of the Airport Road. It is a
medium room office with 6 people working inside it. This is the one of the
braches in Indore of the mentioned company. The scope of the work that was
assigned to me was related to managing the operations and doing some sales of
their products.

They involve sales of insurance and mutual funds along with trading in equity
market and derivatives like futures and options. The clients can trade either
through telephone, or via phone call, and also available online. For online trading,
the clients can use their self made app, which can trade over all the stocks in NSE
and BSE, with a great ease.

The office timings in this branch are from 9:30 am to 6:00 pm from Monday to
Friday and from 9:30 am to 2:00 pm on Saturdays. Trading in equity and
derivatives is done only on trading days (Monday to Friday); rest all financial
services are provided from Monday to Saturday. Their office is completely closed
on Sunday.

Internship Discussion

How the objectives were achieved?

 To open the Demat and trading account for clients, the following steps
were performed:
o The client needs to login through their website.
o Then they need to click on Open an Account.
o Then another page will appear, asking for the mobile no. and email
id.
o Then the customer will receive an OTP in their registered mobile
no.
o They will then be redirected to another webpage asking for various
bank account details, mother’s name, date of birth, and PAN card
number.
o Also, the client needs to upload the scanned images of bank
account cheque or passbook, their aadhar card and PAN card.
o Once it is done, an OTP would be received to confirm the e-KYC
documents.
o Then the client would be redirected to the website of NSDL, which
will ask for email id and PAN card number.
o Providing the above information, will again generate an OTP.
o Typing down the OTP will confirm your registration with NSDL.
o Then it will take about upto 1 working day to complete the
verification of the documents.
 o Once the verification is complete, our account will be opened with
an account id given to us. Ex- APRE7597, APRE6798, APRE0627,
MLS123, INGR456, etc.
o After completion of all the processes, the client can now trade
through their mobile app named: Just Trade.
o Also clients can download their Power of Attorney (POA) forms
and fill & submit it to the branch, so that the brokers can trade on
our behalf.

 The next objective was to learn and understand the operations of the
stock and derivative markets. To achieve this objective, the following
steps were performed:
o The branch head told us how the stock market works and how the
price of each stock is affected using demand and supply.
o He also told us about the factors that affect the price of the stock.
o Those factors were: Economic factors of demand and supply, any
political factors, any news regarding the particular stock or a
sector, or any global news which may affect foreign investments in
the market.
o He also briefed about the derivative market like futures and
options.
o He also told how to trade in futures and options.
o In such markets, a lot size is defined in which a lot depicts a
particular no. of shares. The trade is executed at particular price in
the market.
o On the date of expiry, if the price is as per the expectations of a
trader, the trader earns a profit, or else, incurs a loss.
 o Also, he briefed us about the Option stocks, where a lot is traded
at a particular strike price and has a premium. The trader here has
an option to buy or sell the stock, but not the obligation for the
same. If the price moves as per the expectations of the trader, then
only the option is exercised.
o The lot can be purchased at a particular premium, and can be
squared off before the date of expiry.

 The next objective was to learn about the insurance and mutual fund
products. The following steps were performed:
o I was briefed about what exactly is insurance and mutual funds.
o Then I was told about the types of insurance and mutual fund products
available.
o Each of the mutual fund and insurance products comes with a particular
amount of risk and return.
o Before investing in such products, one should assess the risk and returns as
per the requirements.
o The risk is proportional to the return earned.
o They also introduced me to the Systematic Investment Plans (SIPs), where
we can invest a fixed amount monthly or periodically to accumulate
wealth over a period of time.
 o They also told us about the working of the mutual funds. They collect a
pool of amount from various people and invest them in a particular type of
fund as per requirement.

 The next objective was to learn about the technical charts and introduction to
the trading software. It was performed as follows:
o I was introduced to their trading software, how various stocks are shown,
what information is depicted by each of the columns in the software, etc.
o He also told how to open the trading window, where we can place the buy
and sell order for various stocks and derivatives.
o In the trading software, we can also query for the holdings of each client
by typing down the client id. It also shows the net buy and sells value and
quantity, along with the net profit or loss (MTM) updated periodically as
the stock price fluctuates.
o He also introduced to the various technical charts that are analyzed before
making any trade. I was also given a book regarding how to read various
candlestick charts to analyze the trend of the stocks.
o I was also asked to trade on one of the stocks using the trading application.
o I analyzed the various factors as learned before for purchasing the stock.
As a result, I earned a good amount of profit.
A picture showing the Support and Resistance Points of a Sensex around 60,000
levels

 The last and final objective was to learn how to access the ledger of the
clients, if queried upon by them. The objective was achieved as follows:
o Open the website of the company.
o Clicked on the option of accessing the back office.
o It asked for the branch name and branch code.
o After entering the same, it took us directly to the back office software.
o In the search bar, we need to enter the client id.
o After doing so, all the details related to the clients’ account and KYC
would appear.
o Click on the option of Ledger to access the ledger account of the specific
client.
o Also in the same page, we can get access of the clients’ holdings with the
current value of each stock and net worth.
 What skills were earned during the internship?

 Enhanced communication skills by talking to the clients.

 Earned analytical skills by analysing the charts and graphs.
 Earned technical skills by doing technical analysis.
 Leant how to open an account on their request.
 Earned marketing skills by selling accounts to the clients.
 Learnt about the rules and regulations of the stock market.

Results and Observations in the Internship Company

 The branch where I did my internship had a very large customer base among all
the branches in the city.
 The attitude of the people in the branch was very friendly and calm, thus ensuring
a good working environment.
 They always had a prompt response to their clients in case of any query from the
side of the client.
 They make me learn each and everything in a good manner and thus helping me to
achieve my learning objectives effectively.
 The working hours were long, but enjoyable working with them.

Challenge(s) faced during the Internship

 There was a bit of hesitation in talking with the new clients. Since, it was the first
time I needed to talk to them, I was facing hesitation. But over a period of time I
was familiar with the process.
 There was difficulty in finding out the clients for account opening. It is the first
difficulty that a person faces while selling products and services. It is hard to find
the prospective clients. But with the help of some of my friends, I got a few
number of clients.
 There were some difficulty in understanding the technical charts, due to which it
took me longer time to achieve the objective. It was the first time I understood the
technical charts in depth. Therefore, it took me 1 to 1.5 weeks to understand the
same.
 Conclusions

By doing the internship, I concluded the following things:

 Investing in stock market is risky, as it is subjected to uncontrollable

market conditions.
 Before investing in stock market, we need to analyze it carefully. Though
there is a lot of risk, correct analysis fetches a lot of profit as well.
 It is always told that before investing, each one should think, analyze and
understand the market conditions.
 Risk and reward ratio should be analyzed.
 Not only the technical charts, but also the fundamentals must be analyzed
before investing in the stock market.

Bibliography

https://www.swastika.co.in/
Basics of Candlestick Chart.pdf

Trading in the Zone.pdf