CHAPTER-IV

DATA ANALYSIS AND INTERPRETATION

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 DATA ANALYSIS&INTERPRETATION

OUTCRY SYSTEM

The broker has to buy or sell securities for which he has received the orders. For this,
the broker or his authorized representatives goes to the stock exchange. This method
is called the open outcry system. Basically the brokers shout while buying or selling
the securities. The floor of the stock exchange is divided into a number of markets
also known as ‘post pit’ or wing based on particular securities dealt there.
In the post pit or wing, the broker using ‘open outcry’ method makes an offer or
bid price. For making the necessary bargain, he quotes his purchase or sale price, also
known as offer or bid price. The dealer, to whom the price is quoted, quotes his own
price when the quotation of the dealer suits the broker, he may loose the bargain. If he
is not satisfied with the quote price, he may turn to some other dealer. On the close of
the bargain, the dealer as well as the broker makes a brief note of the particulars of the
deal. Such notes are made on some pad and on it the number of shares, the price
agreed upon, the name of the party, what membership number etc., are noted.

MANUAL TRADING
Trading procedure before introduction of Trading through Online

Trading on stock exchanges is officially done in the trading ring. In the trading ring
the space is provided for specified and non-specified sections, the members and their
authorized assistants have to wear a badge or carry with them an identity card given
by the exchange to enter the trading ring. They carry a sauda book or confirmation
memos, duly authorized by the exchange and carry a pen with them. The stock
exchanges operations are floor level are technical in nature .Non-members are not
permitted to enter in to stock market. Hence various stages have to be completed in
executing a transaction at a stock exchange .The steps involved in this method of
trading have given below:

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Choice of broker:

The prospective investor who wants to buy shares or the investors, who wants to
sell shares and transact business, have to act through member brokers only. They can
also appoint their bankers for this purpose as per the present regulations.

Placement of order :

The next step is the placing order for the purchase or sale of securities with a
broker. The order is usually placed by telegram, telephone, letter, fax etc or in person.
To avoid delay, it is placed generally over the phone. The orders may take any one of
the forms such as At Best Orders, Limit Order, Immediate or Cancel Order, Limited
Discretionary Order, and Open Order, Stop Loss Order.

Execution of order or contract:

Orders are executed in the trading ring of the BSE. This works from 11:30 to 2.30
P.M on all working days Monday to Friday, and a special one-hour session on
Saturday. The members or the authorized assistants have to wear a badge given by the
exchange to enter into the trading ring. They carry a sauda Block Book or
conformation memos, which are duly authorized by the exchange when the deal is
struck; both broker and jobber make a note in their sauda block books. From the sauda
book, the contract notes are drawn up and posted to the client. A contract note is
written agreement between the broker and his clients for the transaction executed.

Drawing Up and Bills:

Both sale and purchase bills are prepared along with the contract note and it is posted
on the same day or the next day. This in a purchase transaction, once the shares are
delivered to the client effects payment for the purchases and pays the stamp fees for
transfer, a bill is made out giving the total cost of purchase, including other expenses
incurred by the broker in the price itself. With this, the process ends.

DEMATERLIZATION:
Dematerialization is the process by which physical certificates of an investor are
converted to an equipment number of securities in electronic from and credited in the
investor account with his DP. In order to dematerialize the certificates, an investor has
to first open an account with a DP and then request for the Dematerialization Request

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Form, which is DP and submit the same along with the share certificates. The investor
has to ensure that he marks “Submitted for Dematerialization” on the certificates
before the shares are handed over to the DP for demat. Dematerialization can only be
done to those certificates, which are already registered in your name and belong to the
list of securities admitted for Dematerialization at NSDL.
Most of the active scrip’s in the market including all the scrip’s of S&P CNX NIFTY
and BSE SENSEX have already joined NSDL. This list is steadily increasing.
Briefly, the process is as follows: after completion of transfer, the investor gets the
option to dematerialize such shares. Investors willing to exercise this option sends a
Demat request along with the option letter sent by the company to his DP. The
company or its R&T agent would confirm the Demat request on its receipt from the
DP to reduce risk of loss in transit.
Dematerialized shares do not have any distinctive or certificate numbers. These shares
are fungible-which means that 100 shares of a security are the same as any other 100
shares of the security. Odd lot shares certificates can also be dematerialized.
Dematerialization normally takes about fifteen to thirty days. To get back
dematerialized securities in the physical form, request DP for Dematerialization of the
same is made. Dematerialization is the process of converting electronic shares in to
physical shares.

Benefits of Demat:
 It reduces the risk of bad deliveries, in turn saving the cost and wastage of time
associated with follow up for rectification. This has lead to reduction in brokerage
to the extent of 0.5% by quite a few brokerage firms.
 In case of transfer of electronic shares, you save 0.5% in stamp duty. You avoid
the cost of courier / notarization.
 You can receive your bonuses and rights issues into your DA as a direct credit,
this eliminating risk of loss in transit.
 You can also expect a lower interest charge for loans taken against Demat shares
as compared to loans against physical shares.
 There is no lost in transit, thus the overheads of getting a duplicate copy in such
circumstances is reduced.
 RBI has also reduced the minimum margin to 25% for loans against
dematerialized securities as against 50% for loans against physical securities.

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TRADING AND SETTLEMENT AT IIFL LTD

The NSE first introduced Trading through Online in India. The Trading through
Online system imparted a greater level of transparency and investors preferred
exchanges that offered Trading through Online because of the following factors:

 The ease of operation from the view of the both members and the investors.
 Increase in the confidence of the investors because of higher level of
transparency.
 Facilities better monitoring of the market by the exchange.
 The best price achieved in buying and selling.

All these resulted in ever-increasing volumes on the exchanges offering the Trading
through Online .

TRADING PROCEDURE AT IIFL LIMITEDSTOCK BROCKING

IIFL LIMITED deals in buying and selling equity shares and debentures on the
National Stock Exchange (NSE), the Bombay Stock Exchange (BSE) and the Over-
The-Counter Exchange of India (OTCEI).
IIFL LIMITED is provided with a computer and required software from their
registered stock exchanges. These centres are called “Broker Work Stations”. These
computers are connected to the server at the stock exchanges through cable.
The member or broker sitting in his office can send the quotations, orders,
negotiations, deals, in-house deals, auction orders etc., through the computer. The
Central trading system (CTS) will accept these orders and send it for match. If there is
any mistake in the order, CTS will reject the orders and send respective error message
to the member concern. All these operations are in built. The main objective of CTS is
to monitor the Stock Exchanges operations.
Order placed by the broker will be sent for a match and if the match is found suitable,
the transaction will be executed. Otherwise, the order will be deleted automatically
after completion of trading time. The carry forward transactions (Good Till
cancellation) are forwarded to the next day. Even if the match is not found within the
prescribed period, the order will not cancel.

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 TRADING SESSION
Trading timings are from 9:55 A.M. to 3:30 P.M. on all 5 days of the trading
period. Monday to Friday is the trading period in all the stock exchanges. SEBI has
stipulated that all the stock exchanges in India must have same trading period.

BROKER WORK STATION:

At the broker workstation the BBO’s, the last traded price, the day‘s opening
price, previous day’s closing price, highest and lowest prices, the weighted average
price and total trade value will be available continuously, as the BBO for each scrip.
Other information will be available on query from the BWS. These include top
gainers /losers of the day. Trader-wise, scrip wise net position, client wise net
position, top scrip by the volume/value, market summary etc.
Brokers are also provided with information relating to the companies in the matter of
Book closure, Dividend declarations, resolutions in board meeting, information about
liquidated companies, company report etc.

ORDERS:
 Orders can be done one at a time or in a batch mode.
 The submitted order will be accepted at the CTS, after validation if it finds any invalid
reason the order is return back to the BWS, with the appropriate error message.
 If Accepted at the CTS it will be added to the local pending order book.
 The order will then be taken up for matching, if it is a buy order the system tries to
find a sell order, which fits the requirement of the buy order, when such match is
found a trade gets executed. Each trade involves two brokers and
respective traders who sent the order. Both these traders are informed of the trade
being executed at their respective BWS.
 At the BWS the trade is added to the local trade book.

Orders sent by the brokers are two types:

 Good for the day (GFD)
 Good till cancellation(GTC)

Good for the day:

This is also called as “market order”. For an order if the member selects the
deal as good for the day, the order is treated as market order. If a “best bid” founds
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match with “best order” then the transaction gets executed. If the match is not found
then after trade time the order gets cancelled that day. Next day he has to place a new
order.
For example if a member wants to purchase 1000 shares of Wipro info @ 400 each
through Good for Day order. If the correct match is not found, order gets cancelled
automatically and new quotation has to be placed the next day.

Good till cancellation:

This order is forwarded to the last trading day of that settlement period. This is
also called as carry forward order like GFD; broker has to select the option of GTC
for the order. If the order finds match with in the trading settlement period, the order
is executed. If no match is found, the order is cancelled on the last day of settlement
period. This order is not carried forward to the next settlement period.
For example, if a member a place purchase order of 500 shares of SBI @ 690 per
share and selects the order as GTC and place an order. If the match is not found on
that day it will be forwarded to the next day until trading settlement period day.

SETTLEMENT OF TRANSACTIONS:

Clearing of transaction in the form of shares and cash is called settlement. Buyers will
take the delivery of shares through the depository participants like IIFL LIMITED
and others.
Finally, the settlement is made by means of delivering the share certificates along
with the transfer deeds. The transferor (or the seller) duly signed transfer deed. It
bears a stamp of the selling broker. The buyer then fills up the certificates fills up the
particulars in the transfer deed. Settlement can be done in the following way.

Spot settlement: Under this method, the delivery of securities and payment for them
are affected on the day of the contract itself.

Rolling settlement: Under this rolling settlement the trading is on “T+2”,basis i.e. if
Monday is trading day then Wednesday is the paying day . In case on non-delivery,
the securities will go for auction.

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DETAILS OF PROCEDURES:

Delivery in : The members who are in pay-out position delivers share certificates in
to clearing house within the settlement period along with the delivery Chelan filled in
with the details of share certificates which has folio numbers or distinctive numbers
etc.
Delivery out: The buyer of shares who made pay in position will take delivery of
shares from the clearing house.

Pay-in: The member who is in paying position shall pay for value of shares within the
trading settlement period (T+2).

Payout: The cheques paid in the clearinghouse will be paid to members who are in
paying position.

All disputes arising between members regarding non-deliveries, non-payments, good

and bad deliveries pertaining to the settlement will be settled by the settlement
committee of the exchange.

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The given flow chart clearly explains the process of Trading through Online :

STOCK TRADES

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 The stock order entry screen, located at the top of the platform, allows you to buy,
sell, and sell short. The Save to Basket button can save any order that you may want to
place later.

To Place An Order

1. Click the Equities tab at the top of the page. The screen will show
"EQUITIES" at the top right-hand corner to let you know that you are in
stock-trading mode.
2. Select Buy, Sell, or Short from the drop-down menu below SIDE.
3. Enter the number of shares in Qty box.
4 Enter the symbol m Symbol box.
5. For a market order, click Market. For a limit order, enter the limit price
and click the Limit button. For a Good Till Cancelled order, click GTC.
6. Click Submit to send the order,
7. If it is a GTC order, select 21 Days or 30 Days for the GTC order. Click
OK to send the order. If you do not want to send the order or if you want
to make changes, click Cancel.

8. A win00dow will appear (as the picture) asking you to confirm the order. If all
details are correct, click OK to send the order. If you do not want to send the
order, or if you want to make changes, click Cancel.

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To Save an Order into the Basket

You can enter an order and click the shopping cart icon to save it. Click Basket tab
to see the trades you have saved. Orders saved to the Basket are not sent to the
market until you decide to do so. This is not the same as placing Good Till Cancelled
or other open orders.

To Place an Order from the Watch List

You can also place an order from your Watch List

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OPTION QUOTES AND OPTION TRADES

To Get Option Quotes

1. Click the Option Chain tab to open the option quote screen.

2. Enter the stock symbol in the Equity Symbol field.

3. Select the strike price from By Strike.

4. Select the expired month from the By Exp. Month.

5. Select the range of option quotes you would like to view from

Calls, Puts, or All

6. Click Go. The screen will list all the option symbols and current Market prices

associated with your criteria.

7. To Place an Option Trade

1. Click the Option button at the top left hand corner to open the option order

entry screen. OPTION will appear at the upper right-hand corner to let you

know that you are in Option mode.

1. Follow the above steps to open the option quote screen and get the 0option

symbol.

2. In the Option Chain quote screen, double click the symbol, which you would

like to place an order.

3. The option order entry screen at the top will show the real-time quote of the option.

4. Select: Buy to Open, Sell to Open, Buy to Close, or Sell to close from the

drop-down menu below SIDE.

5. Enter the number of contracts in the # of Contracts field.

6. Click Market, or enter a limit price and click Lim (Limit). For a Good Till

Cancelled order, click GTC.

7. Click Submit

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 8. If it is a GTC order, select 21 Days or 30 Days for the GTC order. Click OK to

send the order. If you do not want to send the order or if you want to make

changes, click Cancel.

9. A window will appear (as the picture) asking you to confirm your order. If the
information is correct, click OK to send the order. If you click Cancel, the order
will not be sent to market.
LEVEL I QUOTE

The Level I real-time streaming quote updates automatically every five seconds
and continually throughout market hours.
To Get Quotes

1. Enter a symbol in the field located on the left-hand side. You can also click

the small arrow at the right to select a symbol you previously entered in the

same day.

2. Press the Enter key on your keyboard or select Get Quotes (under the

Select Action drop-down menu) to display real-time streaming quotes.

a) Detailed Quotes:

Detailed quote, intra-day charts, and the latest news.

b)News:

Recent News.

c) Charts:

Six different chart types - intra-day, one month, three months, six months, one year

and Interactive.
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d) SEC Filings:

The company's reports to the SEC.

e) Profile
A description of the company and fundamental information about its stock.
f) Historical:
The open, high, low and closing prices, change and volume of any given stock in the
past six years.
Bid:
Highest price at which someone currently offers to buy the stock.
Bid Size:
Number of shares, in hundreds, of the offer at the current Bid.
Change:
The difference between the price of the Last trade and the stock's previous Close
price.
% Change:
The percent difference between the price of the Last trade and the stock's previous
Close price.
Close:
The last trade price on the previous trading day.
High:
Highest trade price of the stock during the current trade date.
Last:
Most recent trade price of the stock during the current trade day.
Low:
Lowest trade price of the stock during the current trade day.
Open:
The opening price for the stock on the current trade date.
Tick:
Located to the right of the symbol. Indicates whether the current Bid is higher or
lower than the previous Bid.
Current Bid is higher:
Tick will show an arrow pointing up.
Current Bid is lower:
Tick will show an arrow pointing down.

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Current Bid is same:
Tick will show "UC" (unchanged).
Volume:
Total number of shares of the stock traded during the current trade date
Close:
The last trade price on the previous trading day.
High:
Highest trade price of the stock during the current trade date.
Last:

Most recent trade price of the stock during the current trade day.
Low:
Lowest trade price of the stock during the current trade day.
Open:
The opening price for the stock on the current trade date.
Tick:
Located to the right of the symbol. Indicates whether the current Bid is higher or
lower than the previous Bid.
Current Bid is higher:
Tick will show an arrow pointing up.
Current Bid is lower:
Tick will show an arrow pointing down.
Current Bid is same:
Tick will show "UC" (unchanged).
Volume:
Total number of shares of the stock traded during the current trade date

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ACCOUNT SCREEN

To View Account Information

1. Click the Accounts tab to see your account information.

To Switch to another Account

2. Click the Accounts tab to open the Account screen.

3. Click Change Account button.
4. Select the new account number.

ORDER SCREEN
To View an Order You Placed
1. Click the Orders tab. The system will show all intra-day (same day)
2. Trades and their current status, which including pending, canceled,
filled.
To View Detailed Log for a Specific Order
1. Open the Order screen by following the above steps.
2. Click order sequence number in the UOI field.
3. Click TRANSACTIONS button.

4. A detailed order log will be displayed in a pop-out window.

5. Click OK to close the window.

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To Cancel an Open Order
1. Open the Order screen by following the above steps.
2. To cancel one open order, select it and click Cancel.

3. To cancel all open orders, click Cancel All.

To Export Order Records to an Excel File

1. In the Order screen, click Import to Excel at the bottom.
2. Choose the location on your computer where you want to save the file and
click Save.
BASKET TRADING
You can fill your basket with orders in advance, and place them later with just one
click.

To Set Up Your Basket

1. Click the Basket tab to open the Basket window.

2. Select a basket from the drop-down menu at left.

3. To re-name the basket, click Rename Cart, type a new name into the
pop-up window, and click OK.

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To Enter Orders Directly into the Basket

 Click the Basket tab to open the Basket window.

 Select a basket from the drop-down menu at left.
 Click New Row at left to add stocks to the basket. OK.
 Double click the empty field under Action and select your action:
Buy, Sell or Short
 Double click on the empty field below Qty until it changes to written mode.
Enter the number of shares you would like to trade.

 Double click on the empty field under Symbol until it changes to written mode.
Enter the stock symbol.

 Double click on the empty field under Price. Enter a price for a limit order, or
select Mkt for a market order.

 Double click on the empty field under Account. Choose the account number
from the drop-down menu.

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To Save an Order to a Basket from the Order Entry Screen

You can save an order to a basket from the order entry screen and send the order to

market later.

1. In the Order screen, enter all the required information about the order.
2. Click the shopping cart icon.
3. From the drop-down menu, select the basket in which you want to save the
order. Click OK to save, or Cancel to not save the order into the basket.

Remove an Order from the Basket

1. Click the Basket tab to see the Basket screen, and select one of

the baskets from the drop-down menu.

2. Select the order you want to remove.

3. Click Remove at right.

To Get Quotes for Stocks in the Basket

1. Click the Basket tab to see the Basket screen, and select one of

the baskets from the drop-down menu.

2. Select the order for which you would like to see a quote.

To Execute an Order in the Basket

1. Click the Basket tab to see the Basket screen, and select one of

the baskets from the drop-down menu.

2. To execute all orders listed in the basket, click Execute AH.

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 3. To execute only one order, select the order and then click Execute.

When you Execute trade(s) in the Basket, the Basket Order(s) will still display in the

basket until you remove the order(s).

KEYS USED FOR TRADING

 Fl - BUY

 F2 - SELL

 F3 - PENDING ORDERS (BUYING & SELLING)

 F6 - MARKET DEBTS (COMPANY ENQUIRY)

 F7 - ARBITRAGE ORDERS

 F8 - HOW MANY TRADING HAS BEEN DONE

 SHIFT+F8 - NET POSITION OF THE COMPANY'S SHARES

 CTRL+F8 - SETTLEMENT OF NET POSITION FOR EXPOSURE

 SHIFT+F9 - NEWS

 F ll - ADDING A NEW COMPANY IN TO THE N/W

 F12 - TEMPORARY LOCKING OF WINDOWS

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Company :WIPRO LTD. 507685
Period: 14-Dec-2021to 18-Jan-2022
All Prices in 
No. of  No. of  Total
Date Open High Low Close WAP
Shares Trades Turnover

14/12/21 566.00 572.00 560.25 567.30 564.22 55,110 2,225 3,10,92,838

15/12/21 567.00 568.00 556.75 558.60 561.27 1,02,963 3,028 5,77,89,542

16/12/21 553.00 559.21 553.00 555.00 555.65 1,86,065 2,843 10,33,86,489

17/12/21 555.00 558.00 554.05 556.00 555.91 2,68,792 3,746 14,94,23,670

18/12/21 553.22 557.22 550.90 554.40 555.05 69,722 2,760 3,86,99,368

20/12/21 553.00 558.65 549.00 556.05 554.22 63,307 2,394 3,50,86,056

22/12/21 556.00 556.40 552.55 555.65 554.96 38,711 1,228 2,14,83,241

23/12/21 558.70 559.22 553.85 555.80 556.05 30,011 1,389 1,66,87,721

24/12/21 555.80 559.90 554.50 555.95 556.98 31,397 1,216 1,74,87,561

28/12/21 556.00 562.75 556.00 560.55 560.59 39,342 1,522 2,22,54,895

29/12/21 558.50 567.90 558.50 563.55 564.46 42,145 1,803 2,37,89,214

30/12/21 564.10 567.75 556.00 558.22 561.13 27,503 914 1,54,32,846

31/12/21 558.25 563.50 557.25 559.80 559.68 40,928 1,082 2,29,06,594

1/01/22 558.00 558.75 554.55 556.40 556.03 48,595 1,236 2,70,22,477

4/01/22 560.00 560.00 555.40 557.95 556.99 2,68,278 4,459 14,94,29,139

5/01/22 561.00 564.00 554.50 557.00 556.90 72,228 1,466 4,01,90,478

6/01/22 557.00 559.70 553.80 555.25 556.50 73,067 1,357 4,06,61,880

7/01/22 553.00 557.40 547.50 549.80 552.22 3,02,122 4,530 22,68,31,275

8/01/22 552.00 558.00 550.00 556.00 554.46 2,22,378 3,048 11,99,73,222

11/01/22 555.00 555.00 535.00 537.80 541.03 46,855 2,041 2,53,50,144

12/01/22 538.40 550.40 531.25 549.00 543.50 2,04,077 3,034 11,09,22,148

13/01/22 551.00 551.00 540.25 546.30 545.50 92,491 2,009 5,04,53,462

14/01/22 541.80 547.30 536.25 545.40 543.65 3,08,849 3,803 22,79,06,406

15/01/22 549.80 549.80 537.10 543.45 541.96 62,737 2,068 3,40,00,781

18/01/22 537.30 550.22 531.00 547.35 541.69 1,54,996 4,826 8,39,59,345

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 INTERPRETATION:

On open value risen from 566.00 to 567.30 than compare to higher

value of EPS 543.65. Then coming to lower price from 537.30 to 547.35.

Wholly the conclusion 548.61 raised.

The comings to the volume on the same dates or days volumes are

increased. Because on this session WIPRO LTD value is raised i.e. percentage

of 6.68%.

Company :TVS MOTOR COMPANY LTD. 532343

Period: 14-Dec-2021to 18-Jan-2022
All Prices in 
No. of  No. of  Total
Date Open High Low Close WAP
Shares Trades Turnover

14/12/21 272.00 278.75 271.00 275.05 276.07 1,24,211 3,028 3,42,73,821

21/12/21 277.60 286.00 273.95 285.05 281.03 4,00,078 4,801 11,24,33,018

22/12/21 287.00 287.00 280.70 281.75 283.41 1,34,034 3,009 3,79,86,221

17/12/21 283.60 288.80 281.00 287.30 286.01 1,32,611 3,564 3,79,27,524

18/12/21 285.45 287.65 284.35 286.10 286.04 81,378 1,681 2,32,77,299

22/12/21 287.00 291.40 287.00 289.05 289.50 86,797 2,055 2,51,27,694

22/12/21 289.05 291.90 287.25 288.05 289.59 1,01,622 1,590 2,94,28,345

23/12/21 289.75 293.50 288.85 290.10 290.96 66,091 1,306 1,92,29,847

24/12/21 291.50 291.70 284.22 285.00 286.73 74,765 1,589 2,14,37,612

28/12/21 284.22 288.00 283.00 285.50 284.94 4,14,399 2,399 11,80,78,564

29/12/21 286.90 295.95 285.95 293.30 291.34 1,46,229 3,637 4,26,01,948

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30/12/21 293.90 294.45 289.60 290.22 292.01 88,432 1,947 2,58,22,951

31/12/21 290.90 292.85 288.35 289.65 290.87 60,694 1,393 1,76,53,890

1/01/22 289.10 292.21 285.60 287.10 288.54 98,630 1,779 2,84,58,905

4/01/22 288.25 290.85 283.90 286.45 287.53 1,47,002 2,539 4,22,67,799

5/01/22 286.50 289.21 282.45 286.95 285.60 1,11,747 1,773 3,21,14,446

6/01/22 289.50 294.00 284.90 286.55 290.06 6,58,899 2,622 21,11,17,980

7/01/22 284.80 284.80 275.22 277.60 278.12 85,090 2,522 2,36,64,944

8/01/22 277.95 287.21 277.95 284.60 282.56 98,722 2,395 2,78,93,221

11/01/22 283.00 289.21 278.90 285.85 285.69 1,21,444 2,235 3,29,80,847

12/01/22 286.00 292.50 285.00 289.70 289.02 1,64,889 3,272 4,76,56,174

13/01/22 293.45 294.30 273.35 288.10 286.22 5,07,031 3,576 14,51,21,563

14/01/22 281.60 284.40 276.40 281.40 280.82 1,09,493 1,963 3,07,47,700

21/01/22 283.85 285.55 273.55 277.65 280.96 1,21,588 2,222 3,24,75,389

18/01/22 273.50 280.00 263.10 274.00 271.76 1,98,021 2,928 5,38,12,993

INTERPRETATION:

24
 On open value has risen from 272.00 to 275.05. Then compare to higher
value of EPS 280.96. Then coming to lower price from 273.50 to 274.00. Wholly
the conclusion is 281.57 raised.
Then coming to the volume on the same dates or days volumes are
increased. Because totally this session TVS MOTOR COMPANY LTD. EPS
value is increased i.e. percentage of 3.47 %.

Company :TATA CONSULTANCY SERVICES LTD. 532540

Period: 14-Dec-2021to 18-Jan-2022
All Prices in 
No. of  No. of  Total
Date Open High Low Close WAP
Shares Trades Turnover

14/12/21 2,344.90 2,384.45 2,335.00 2,377.45 2,361.24 1,34,951 7,148 31,86,51,648

21/12/21 2,380.00 2,384.90 2,365.70 2,375.22 2,375.13 26,963 3,529 6,40,40,496

22/12/21 2,397.95 2,414.55 2,385.70 2,407.10 2,398.55 1,26,422 5,221 30,32,24,798

17/12/21 2,422.00 2,445.75 2,395.22 2,440.35 2,418.21 68,562 3,711 22,57,96,210

18/12/21 2,437.55 2,437.55 2,403.21 2,422.45 2,413.80 1,60,064 5,991 38,63,61,910

22/12/21 2,410.00 2,448.00 2,407.45 2,440.95 2,430.33 36,528 3,183 8,87,75,225

22/12/21 2,441.05 2,441.05 2,400.50 2,405.95 2,414.49 34,966 2,613 8,44,25,092

23/12/21 2,411.35 2,435.00 2,410.00 2,422.40 2,423.09 24,183 2,054 5,85,97,543

24/12/21 2,422.00 2,435.95 2,403.80 2,433.35 2,426.01 21,216 1,702 4,65,69,745

28/12/21 2,422.00 2,462.90 2,422.00 2,458.50 2,441.84 2,07,432 4,667 50,65,22,422

29/12/21 2,460.00 2,464.50 2,445.00 2,451.95 2,452.66 24,100 1,978 5,91,09,087

30/12/21 2,452.00 2,457.00 2,413.00 2,418.40 2,434.40 27,404 2,297 6,67,12,285

25
31/12/21 2,422.00 2,448.00 2,409.00 2,439.22 2,429.41 31,481 2,740 7,64,80,219

1/01/22 2,432.10 2,436.35 2,412.40 2,422.25 2,422.14 32,189 2,835 7,79,34,148

4/01/22 2,422.10 2,422.10 2,369.05 2,375.50 2,380.91 1,31,249 8,610 31,24,92,536

5/01/22 2,383.00 2,386.35 2,343.55 2,350.35 2,352.22 73,477 5,036 17,28,32,894

6/01/22 2,365.00 2,384.50 2,352.22 2,381.22 2,374.34 45,125 3,023 10,71,42,221

7/01/22 2,375.00 2,379.70 2,359.85 2,370.05 2,366.70 66,343 3,183 21,70,14,228

8/01/22 2,380.00 2,409.00 2,372.95 2,397.25 2,394.56 34,627 2,867 8,29,22,345

11/01/22 2,396.45 2,396.45 2,349.90 2,363.00 2,362.89 32,783 3,335 7,74,62,722

12/01/22 2,367.95 2,367.95 2,301.10 2,324.05 2,323.27 1,45,569 10,728 33,81,96,250

13/01/22 2,317.00 2,327.95 2,258.00 2,280.30 2,277.58 3,36,277 21,547 76,58,97,713

14/01/22 2,275.00 2,297.50 2,252.60 2,278.95 2,280.46 1,22,435 7,367 27,92,08,243

21/01/22 2,290.00 2,291.35 2,258.21 2,263.50 2,265.38 87,596 6,741 21,84,38,380

18/01/22 2,270.00 2,291.00 2,263.00 2,282.45 2,281.29 72,243 3,677 22,48,07,486

INTERPRETATION:

26
 On open value risen from 2344.90 to 2377.45 than compare to higher
value of EPS 2352.22. Then coming to lower price from 2270.00 to 2282.45.
Wholly the conclusion is 2368.51 raised.
The comings to the volume on the same dates or days volumes are
increased. Because on this session TATA CONSULTANCY SERVICES LTD
value is raised i.e. percentage of 11.27%.

Company :HDFC BANK LTD. 500483

Period: 14-Dec-2021to 18-Jan-2022
All Prices in 
Date Open High Low Close WAP No. of  No. of  Total
Shares Trade Turnover
s
14/12/2 395.2 410.0 395.2 403.7 400.7 45,486 1,476 1,82,29,103
1 2 0 2 5 6
21/12/2 404.0 407.4 400.2 406.1 403.6 26,554 861 1,07,21,403
1 0 5 5 0 8
22/12/2 407.3 412.5 406.1 409.2 409.3 63,412 1,339 2,59,58,978
1 0 0 0 5 7
17/12/2 410.9 421.9 408.2 418.6 414.2 52,885 1,677 2,21,09,227
1 5 5 2 5 8
18/12/2 418.0 423.0 413.5 422.6 418.6 45,656 1,309 1,91,12,494
1 0 0 5 5 2
22/12/2 412.0 424.5 412.0 422.3 422.5 31,563 1,097 1,32,74,775
1 0 0 0 5 8
22/12/2 418.8 424.4 417.0 422.7 422.2 22,212 512 89,25,822
1 0 5 0 0 1
23/12/2 424.0 428.5 422.9 426.9 426.0 22,525 671 95,95,921
1 0 0 5 0 1
24/12/2 429.7 436.9 426.6 435.4 431.9 22,401 806 92,44,946
1 5 5 5 5 9
28/12/2 434.0 441.0 431.7 434.5 435.9 18,869 718 82,24,969
1 0 0 5 0 0
29/12/2 435.6 436.9 430.2 433.5 433.5 21,067 835 82,66,617
1 0 0 2 5 6
30/12/2 433.0 437.4 432.5 435.2 435.2 14,542 603 63,27,905
1 0 0 0 2 1
31/12/2 442.8 442.8 427.4 434.5 433.1 25,222 1,211 1,09,21,936

27
1 0 0 0 5 2
1/01/22 432.9 438.2 432.9 435.0 433.8 1,31,83 730 5,71,95,181
0 1 0 5 3 9
4/01/22 434.0 448.2 425.4 429.7 440.5 2,47,86 2,041 10,92,02,76
0 2 0 5 7 6 7
5/01/22 431.4 442.0 429.0 438.8 434.9 26,653 1,101 1,21,91,284
0 0 0 0 0
6/01/22 444.4 462.7 439.0 441.5 451.9 1,52,32 4,747 6,88,48,825
0 5 5 0 9 5
7/01/22 435.0 436.0 423.0 426.2 428.3 54,958 1,671 2,35,43,089
0 0 0 5 8
8/01/22 426.4 444.0 423.0 436.2 434.2 37,145 1,578 1,61,28,752
5 0 0 1 2
11/01/2 429.6 440.4 429.6 433.0 435.1 22,549 797 93,76,613
2 5 5 5 5 3
12/01/2 435.9 436.7 424.0 432.3 430.5 21,830 988 85,36,852
2 5 5 0 0 0
13/01/2 434.9 439.0 409.0 433.8 425.6 93,660 2,733 3,98,63,321
2 5 0 0 0 2
14/01/2 426.0 437.0 422.0 431.8 431.7 28,351 1,069 1,22,40,888
2 0 0 0 0 6
21/01/2 430.5 439.0 411.4 414.5 428.2 44,250 1,430 1,89,49,758
2 0 0 5 0 4
18/01/2 413.0 413.9 396.2 400.3 403.9 32,838 1,385 1,32,63,840
2 0 0 5 5 2

28
INTERPRETATION:

On open value has increased from 395.22 to 403.75. Then compare to

higher value of EPS 431.76. Then coming to lower price from 413.00 to 400.35.
Wholly the conclusion is 426.68 increased.
Then coming to the volume on the same dates or days volumes are
increased. Because totally this session HDFC BANK LTD. EPS value is increased
i.e. percentage of 3.54%.

CHAPTER-V
 FINDINGS
 SUGGESTIONS
 LIMITATIONS OF THE STUDY
 CONCLUSION
29
 BIBLIOGRAPHY

FINDING

 On open value risen from 566.00 to 567.30 than compare to higher value of
EPS 543.65. Then coming to lower price from 537.30 to 547.35. Wholly the
conclusion 548.61 raised.
 The comings to the volume on the same dates or days volumes are increased.
Because on this session WIPRO LTD value is raised i.e. percentage of 6.68%.
 Then coming to the volume on the same dates or days volumes are increased.
Because totally this On open value has risen from 272.00 to 275.05. Then
compare to higher value of EPS 280.96. Then coming to lower price from
273.50 to 274.00. Wholly the conclusion is 281.57 raised.
 session TVS MOTOR COMPANY LTD. EPS value is increased i.e.
percentage of 3.47 %.
 On open value risen from 2344.90 to 2377.45 than compare to higher value of
EPS 2352.22. Then coming to lower price from 2270.00 to 2282.45. Wholly
the conclusion is 2368.51 raised.

30
 The comings to the volume on the same dates or days volumes are increased.
Because on this session TATA CONSULTANCY SERVICES LTD value is
raised i.e. percentage of 11.27%.
 On open value has increased from 395.22 to 403.75. Then compare to higher
value of EPS 431.76. Then coming to lower price from 413.00 to 400.35.
Wholly the conclusion is 426.68 increased.
 Then coming to the volume on the same dates or days volumes are increased.
Because totally this session HDFC BANK LTD. EPS value is increased i.e.
percentage of 3.54%.

SUGGESTIONS

There must be prohibition on disposal of promoters share holding, and also

restrictions and the expansion without prior approval of the financial
 There must be prohibition on disposal of promoters share holding, and
also restrictions and the expansion without prior approval of the
financial institutions for declaration of higher amount/ rate.
 The availability of derivative products in eluding index futures, index
options, individual stock futures and individual stock options re-
enforces the overall attractiveness of this market to foreign and
domestic investors.
 Volume of paper work is small but it is very complicated to maintain
data in system so tries to reduce that by regular audit and updating
data.

31
  Most of the DPs do not have the necessary infrastructure to handle the
high work load of transactions leading to may error by DPs, so by
giving full infrastructure information to every DO can avoid this
problem.
 The pool account doesn’t know the true owner of the share and hence
dividends are paid to the broker instead of owners by this the broker
can do any manipulation or any fraud with the owner, for this the
owner can loose his dividend.
 Hence for this try to pay the dividend directly to the owner.

 If the shares are fake/forged which delivery by the broker the share
holder can loose that shares an have to receive another lot of issued
shares from the broker in 22 days, this system stands abused.

CONCLUSION

The comprehensive study of capital market instrument at Inter Connected stock

exchange has been an enlightening experience stressing on the positive aspects on
Dematerialization. And settlement of shares, derivative market and capital
instruments has done in whole lot of good to the issuer, investor companies and
country. The depository systems has reduced the lag in delivery and settlement of
securities but also supported the cause of providing more liquidity to the security
holder, the need for setting up of a depository paper less trading. Through Trading
through Online system and settlement became inevitable and unavoidable for the
smooth and the efficient functioning of the capital market. This system has proved its
worthiness by increasing in the speed of transactions within T+3 days which are
earlier T+5 days. Now there is a proposal that the settlement will be done within
T+1days in near future which is in it an indication of a boon in the system of demat

32
and capital market instruments. It has been fairly long since derivative trading started
off on the Indian Indexes. Actively has failed to really take off with low figures being
transacted in terms of value and volumes. The introduction of derivative trading was
hailed by the punters in the capital markets but has not really brought about a wave so
as to speak. There are several factors, which impede the growth of the derivative
markets in India. Of these factors the absence of clear guidelines on tax-related issues
and the high cost of transactions are the most prominent.

BIBLOGRAPHY
BOOKS:
 V.K.Bhalla,"INVESTMENT MANAGEMENT",S.Chand &Company Pvt
Ltd, 2218.
 Preethi Singh,"INVESTMENT MANAGEMENT" Himalaya Publishing
Pvt Ltd,2216
 V.A.Avadhani "SECURITY ANALYSIS AND PORTFOLIO
MANAGEMENT" Himalaya Publishing Pvt Ltd,2210
JOURNALS:

 International Journal of Economics&Management Science. Volume 4

Issue 7(2215)
 Trading through Online , issue: 1, volume 43 1st jan 2216.
 The Theory Of Planned Behavior And Internet Purchasing", Internet
Research,Vol. 14 Iss 3 Pp.

33
  The Hindu Business Review December,11,2196,P.25
 Ensuring Investors Care Volume 4 Issue 7,2196
NEWSPAPERS:
 The Economics Times
 Deccan Chronicle
 The Hindu
WEBSITES:
 www.sharekhan securities pvt ltd.com
 www.bseindia.com
 www.sebi.com
 www.moneycontrol.com
 www.economictimes.com
 www.nseindia.com

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