A

COMPREHENSIVE PROJECT

ON

“AN EMPIRICAL STUDY ON ARBITRAGE TRADE ANALYSIS OF STOCK

TRADING IN NSE”

SUBMITTED TO

Narandas Jethalal Sonecha Management & Technical Institute

Chanduvav (Veraval)

In partial fulfillment of the

Requirement of the award for the degree of

Master of business administration

GUIDED BY

Miss Dhara Abhani (Asst Prof)

Submitted by

Enrollment no. Name

178170592020 Krupa K. Murabiya
178170592034 Ravina P. Vanderwala
 DECLARATION

We, Ravina.P. Vanderwala and Krupa. K. Murabiya, hereby declare that the Comprehensive
Project Report titled “AN EMPIRICAL STUDY ON ARBITRAGE TRADE ANALYSIS OF
STOCK TRADING IN NSE” submitted by us under the guidance of Mrs.Dhara Abhani in
partial fulfillment of the requirements for the MBA degree of GUJARAT TECHNOLOGICAL
UNIVERSITY, is the result of our original work and has not been previously submitted for the
award of any other degree, Diploma, Fellowship or other similar titles.

Place :-

Date :-

Yours Faithfully,
 PREFACE
A man/woman without practical knowledge is just like a rough diamond. To shine like a
real diamond one must have practical exposure of what he has learnt. For the students of
management theoretical knowledge is just like lock without key so practical knowledge
os of so much important.

It is quite true that world outside, my cozy home is many times quite different from what
you have perceived. Similarly it is possible that theoretical knowledge acquired in the
classroom may differ from the practical knowledge.

Practical knowledge is the best experience and on the basis, I can easily understand
about what they want to say. Firstly each student knows about the theory, so that on the
basis of theory, he can easily learn how to do the work and what is the best way to
achieve satisfaction. That is why I can say that theory is guidelines for practical.

As a part of curriculum of MBA, we have done my grand project and conducted a

research on “AN EMPIRICAL STUDY ON ARBITRAGE TRADE ANALYSIS OF
STOCK TRADING IN NSE”. Such type of training promotes a student to boost his
potentialities and the inner qualities and thereby students come to know about how the
theoretical knowledge works in actual sense in any unit.
 ACKNOWLEDGEMENT

Successful completions of a project require active involvement of many people. From time of
inception of an idea to its implementation, many brains work together and that only provides
fruitful results. Here, I would like to thank those people who have provided their assistance,
encouragement and enthusiasm. Without them, this project would not have been possible.

On the completion and submission of grand project we would like to express our deep sense of
gratitude to our Management Institute and Gujarat Technological University for providing us
platform of management studies.

We are immensely thankful to our Asst.Prof Mrs. Dhara Abhani for providing us great insight
into the project and for sparing his valuable time with us. Without his co-operation it was
impossible to reach up to this stage.

We humbly express our feelings and heartly thank to faculty of NJSMTI who have helped us in
one or the other way during the completion of this report.

At last, our sincere regards to all who have directly or indirectly helped us in the project. Without
their inspiration and support we would not have been where we are.

Regards,
 INDEX

Sr. no. Particular Page no.

Part – 1 General Information 1
1 Introduction of the Industry 2
(Stock Market)
Top 10 companies traded in 4
NSE and BSE
Introduction of the Bombay 5
Stock Exchange
Introduction of the National 6
Stock Exchange
2 Introduction of the company
 Tata Consultancy 8
Service
 Reliance Industry 10
3 Introduction of the Topic 13
Arbitrage Strategies 15
Review Literature 16
Statement of Problem 22
Purpose of the Study 23
Scope of the Study 23
Objective of the Study 24
4 Research Methodology 25
Secondary Data Analysis 26
Data of TCS 27
Data of Reliance 31
Data of overall Stock Market 35
Conclusion 42
5 Limitation of the Study 43
6 Bibliography 44