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INTERSHIP REPORT

CD EQUISEARCH PVT. LTD, CHENNAI

Submitted to the University of Kerala in partial fulfillment of the requirements for


the award of the Postgraduate degree of Master of Business Administration
Submitted by:
MIDHUN S R
Under the guidance of

Mr. Hussain Sherrif M


(Vice President, CD Equisearch Pvt. Ltd),

Ms. Nisa S
(Assistant Professor, TKM Institute of Management)

TKM INSTITUTE OF MANAGEMENT


KARUVELIL, KOLLAM
April 13, 2015 to May 13, 2015

DECLARATION
I , MIDHUN S R, hereby declare that the internship report about my internship at CD
EQUISEARCH PVT LTD, Chennai during the period April 13, 2015 to May 13, 2015 submitted
by me in for the award of the postgraduate degree of Master of Business Administration of the
TKM Institute of Management is, my own work and true to my knowledge .

Place :
Date :

MIDHUN S R

ACKNOWLEDGEMENT

I would like to express my sincere gratitude and appreciation to all those who
help me to complete my internship.
I would like to thank my guide, Mr. Hussain Sherrif M, Vice President at CD Equisearch Pvt.
Ltd for his sincere support and guidance and all the pain he took to teach me the work.
I express my sincere gratitude to my faculty guide, Ms. Nisa S, Assistant Professor, TKM
Institute of Management.
My special thanks to Ms. Anju A, Assistant Professor, TKM Institute of Management and

Mr.

Santhosh V A, Associate Professor, TKM Institute of Management for their help and proper
guidance to complete my one month internship programme successfully.
I am obliged to all the staff members of CD Equisearch Pvt. Ltd for their help and cooperation.
I am grateful to all the members from TKM Institute of Management for giving me the
opportunity to do an internship programme and I appreciate their help.
Lastly, I thank almighty God, my Professors, my parents and friends for helping me to complete
my internship successfully.

MIDHUN S R

TABLE OF CONTENTS
Sl. No

CONTENTS

Introduction

2
Background
3
Body of the report
4
Industry overview
5
Company overview
6
Internship details
7
Bibliography

Appendix

Page No

INTRODUCTION

INTRODUCTION

The internship report comprises a brief study on Stock exchange during one month
internship. The report is distributed in many parts according to nature and requirement of
organization and according to the instructions of supervisor of report. It depicts various things
which I have learned about the organization the techniques which they are using to regulate
corporate sector and maximize their revenues
The purpose of study is to develop skills through learning various aspects of organization.
The study enables to get command on bookish knowledge through practical approach and to
understand the difference in both approaches. This thing increases the knowledge and brings
betterment in working within organizational environment. It includes practical experiences
through which I have gone through the report. The report is includes many things like my
experience in office, tasks I got in there, my achievements, experience of working with co-staffs
etc.
The one month internship is absolutely help me to exposure me. And this is the first
industrial experience I got. For internship I selected a stock exchange company, CD Equisearch
Pvt. Ltd, Chennai. So it got another opportunity to know more about the share trading. I am
worked in their marketing and relationship department. So it got an opportunity to interact with
many people it help me to exposure myself. Mainly I got four types of tasks conduct a survey,
make open phone calls, data collection, and assist client meeting.

BACKGOUND

As a part of our MBA Programme we had to do a one month internship programme. The
internship was during the period April 13, 2015 to May 13, 2015. The sector I selected to do my
internship is Share marketing. I approached for internship in CD Equisearch Pvt. Ltd through one
of my cousins. And I got permission to do Internship in CD Equisearch Pvt. Ltd, Chennai.

Mr.

Hussain Sherrif M, Vice President of CD Equisearch is guided to me. I worked in their marketing
and Relationship department. The Company CD Equisearch is one of the best in share marketing
business. The company is registered in Mumbai and it has many branches in all over India. CD
has deals with NSE & BSE. And it also deals with MCX, CDS. For commodity trading it has
another name CD Commosearch Pvt. Ltd. But both are same functions under the same
management and employees are also doing same nature of work.

BODY OF THE REPORT

INDUSTRY PROFILE

INDUSTRY OVERVIEW

Indian stock market is one of the oldest in Asia. Its history dates back to nearly 200 years
ago. The earliest records of security dealings in India are meager and obscure. The East India
Company was the dominant institution in those days and business in its loan securities used to be
transacted towards the close of the eighteenth century.
By 1830s business on corporate stocks and share in bank and cotton presses took place
in Bombay. Though the trading list was boarder in 1839, there were only half a dozen brokers
recognized by banks and merchants during 1840 and 1850. The 1850s witnessed a rapid
development of commercial enterprise and brokerage business attracted many men into the field
and by 1860 the number of brokers increased into 60. In 1860-61 the American Civil War broke
out and cotton supply from United States to Europe was stopped; thus, the Share Mania in
Indian began. The number of brokers increased to about 200 to 250.
At the end of the American Civil War, the brokers who thrived out of Civil War in 1874,
found a place in a street (now appropriately called as Dalal Street) where they woild
conveniently assemble and transact business. In 1887, they formally established in Bombay, the
Native Share and Stock Brokers Association, which is alternatively known as The Stock
Exchange. In 1895, the Stock Exchange acquired a premise in the same street and it was
inaugurated in 1899. Thus, the Stock Exchange at Bombay was consolidated.
The Indian Stock market has been assigned an important place in financing the Indian
corporate sector. The principal functions of the stock markets are

Enabling mobilizing resources for investment directly from the


investors
Providing liquidity for the investors and monitoring
Disciplining company management
The two major stock exchanges in India are National Stock Exchange (NSE) and
Bombay Stock Exchange (BSE).

NATIONAL STOCK EXCHANGE


With the liberalization of the Indian economy, it was found inevitable to lift the Indian
stock market trading system on par with the international standards. On the basis of the
recommendations of high powered Pherwani Committee, the National Stock Exchange was
incorporated in 1992 by Industrial Development Bank of India, Industrial Credit and Investment
Corporation of India, Industrial Finance Corporation of India, all Insurance Corporations,
selected commercial banks and others.
The National Exchange (NSE) is Indias leading stock exchange covering various cities
and towns across the country. NSE was set up by leading institutions to provide modern, fully
automated screen- based trading system with national reach. The Exchange has brought about
unparalleled transparency, speed and efficiency, safety and market integrity. It has set up
facilities that serve as a model for the securities industry in terms of systems, practices and
procedures.
NSE has played a catalytic role in reforming the Indian Securities Market in terms of
microstructure, market practices and trading volumes. The market today uses state-of-art
technology to provide an efficient and transparent trading, clearing and settlement mechanism
and has witnessed several innovations in products and services viz. demutualization of stock
exchange governance, screen based trading, compression of settlement cycles, dematerialization
and electronic transfer of securities, market of debt and derivative instruments and intensive use
information technology.
Trading at NSE can be classified under use of two broad categories:

Wholesale debt market


Capital market
Wholesale debt market operations are similar to money market operations institutions
and corporate bodies enter into high value transactions in financial instruments such as
government securities, treasury bills, public sector unit bonds, commercial paper, certificate of
deposit etc. Capital Market: A market where debt or equity securities are traded
There are two kinds of players in NSE

Trading members
Participants
Recognized members of NSE are called trading members who trade on behalf of
themselves and their clients. Participants include trading members and large players like banks
who take direct settlement responsibility.
Trading at NSE takes place through a fully automated screen based trading mechanism
which adopts the principle of an order driven market. Trading members can stay at their offices
and executive the trading, since they are linked through a communication network. The prices at
which the buyer and seller are willing to transact will appear on the screen. When the prices
match the transaction will be completed and a confirmation slip will printed at the office of the
trading member.
NSE has advantages over the traditional trading exchanges. They are as follows

NSE brings an integrated stock market trading network across the nation.
Investors can trade at the same price from anywhere in the country since inter market

operations are streamlined coupled with the countrywide access to the securities.
Delays in communication, late payments and the malpractices prevailing in the
traditional trading mechanism can be done away with grater operational efficiency and
informational transparency in the stock market operations, with the support of total
computerized network.
NSE Nifty
S&P CNX Nifty is a well diversified 50 stock index accounting for 22 sectors of the
economy. It is used for a variety of purposes such as benchmarking fund portfolios. Index based
derivatives and index funds.
NSE came to be owned and managed by India Index Services and Products Ltd. (IISL), which is
a joint venture between NSE and CRISIL. IISL is Indias first specialized company focused upon
the index as a core product. IISL have a consulting and licensing agreement with standard &
poors (S&P), who are world leaders in index services. CNX stands for CRISIL NSE Indices.
CNX ensures common branding of indices, to reflect the identifies of both the promoters, i.e.

NSE and CRISIL. Thus C stands for CRISIL. N stands for NSE and X stands for Exchange
or Index. The S&P prefix belongs to the US based Standard and Poors Financial Information
Services.

BOMBAY STOCK EXCHANGE


The Bombay Stock Exchange is one of the oldest stock exchanges in Asia. It was
established as The Native Share & Stock Brokers Association in 1875. It is the first stock
exchange in the country to obtain permanent recognition in 1956 from the government of India
under the securities contracts (Regulation) Act, 1956.The exchanges pivotal and pre-eminent
role in the development of the Indian capital market is widely recognized and its index. Sensex,
is tracked worldwide.
SENSEX
The stock exchange, Mumbai (BSE) in 1986 came out with a stock index that
subsequently became the barometer of the Indian stock market.
SENSEX is not only scientifically designed but also based on globally accepted
construction and review methodology. First complied in 1986, SENSEX is a basket of 30
constituent stocks representing a sample of large, liquid and representative companies. The base
year of SENSEX is 1978-79 and the base value is 100. The index is widely reported in both
domestic and international markets through print as well as electronic media.
The Index was initially calculated based on the Full Market Capitalization
methodology but was shifted to the free-float methodology with effect from September 1, 2003.
The Free-float Market Capitalization methodology of index construction is regarded as an
industry best practice globally. All major index provides like MSCI, FTSE, STOXX, S&P and
Dow Johns use the Free-float methodology.
Due to is wide acceptance amongst the Indian investors; SENSEX is regarded to be the
pulse of the Indian stock market. As the oldest index in the country, it provides the time series

data over a fairly long period of time. Small wonder, the SENSEX has over the years become
one of the prominent brands in the country.
The SENSEX captured all these events in the most judicial manner. One can identify the
booms and busts of the Indian stock market through SENSEX.
The launch of SENSEX in 1986 was later followed up in January 1989 by introduction of
BSE National Index. It comprised of 100 stocks listed at five major stock exchanges. The
Exchange dollar linked version of BSE-100 index i.e. Dollex-100 on May 22, 2006.
In order to fulfill the need of the market participants for still boarder, segment-specific
and sector-specific indices, the Exchange has continuously been increasing the range of its
indices. The launch of BSE-200 Index in 1994 was followed by the launch of BSE-500 Index
and 5 sartorial indices in 1999. In 2001, BSE launched the BSE-PSU Index, DOLLEX-30 and
the countrys first free-float based index the BSE TECK Index. The Exchange shifted all its
indices to a free float methodology in a phased manner.
The values of all BSE indices are updated every 15 seconds during the market hours and
displayed through the BOLT system, BSE website and news wire agencies.
All BSE-Indices are reviewed periodically by the Index Committee of the Exchange.

MAJOR PLAYERS IN THE REGION/COMPETITORS

Religare Securities
ICICI Direct
India Infoline Security Pvt. Ltd.
HDFC Securities
India bulls
Kotak Securities
Reliance Money
Share khan Securities
Motilal Oswal
Anand Rathi Securities
Hem Securities

RELIGARE SECURITIES LIMITED


its service in three different segments including Retail, Wealth management and the Institutional
spectrum. It offers wide range of services including equities, commodities, insurance broking,
wealth advisory, PMS, personal finance services, Investment banking and institutional broking
services. Religare retail network spreads across more than 300 cities and towns in India. It is a
subsidiary company of Religare Enterprises Ltd. And involve in equity related services Religare
Enterprise Limited is Ranbaxy Laboratories promoted financial product and service Provider
Company. Religare provides include online trading at BSE and NSE, Derivatives, commodities,
IPO, Mutual fund, Investment banking and institutional broking services.
Services

Equity & Derivatives


Research and Advisory
Depository
Portfolio Management Services
International Advisory Fund Management Services (AFMS)

ICICI DIRECT
ICICI Web Trade Limited(IWTL) maintains www.icicidirect.com (here in after referred
to as the Website) whereas IWTL is an affiliate of ICICI Bank Limited and the Website is

owned by ICICI Bank Limited. IWTL has launched and established an online trading service on
the Website.
Products and Services of ICICI DIRECT

Investing in Mutual funds


Personal Finance
Customer Service Features
IPOs
Margin Trading
Margin PLUS Trading
Call Trade
Trading on NSE/BSE
Trade in Derivatives

INDIA INFOLINE SECURITY PRIVATE LTD.


India Infoline.com Securities Pvt. Ltd. is a wholly owned subsidiary of IndiaInfoline.com
Ltd and is the stock broking arm of India Infoline.com. The subsidiary was formed to comply
with regulatory guidelines.
Product offered by IILSPL
Stock market IILSPL deals in stock market by trading in equity and derivatives.
Personal finance It deals in Mutual Fund and Insurance.
Online trading It provides services in stock and commodity trading( through Internet)
HDFC SECURITY
Is the subsidiary of HDFC ( Housing Development Financial Corporation).
www.hdfcsec.com would have an exclusive discretion to decide the customers who would be
entitled to its online investing services. www.hdfcsec.com also reserves the right to decide on the
criteria based on which customers would be chosen to participate in these services. The present

web site contains features of services that they offer/purpose to offer in due course. The launch
of new services is subject to the clearance of the regulators. i.e. SEBI, NSE and BSE.
Product offered by HDFC Security

Online trading for Resident& Non Resident Indians.


Cash-n-Carry on both NSE and BSE
Day trading on both NSE and BSE
Trade on Futures and Options on the NSE
Online IPOs
Telephone-based Broking (Equity & Derivatives)

INDIABULLS SECURITIES LIMITED


India bulls Securities Limited was incorporated as GPF Securities Private Limited on
June 9, 1995. The name of the company was changed to Orbis Securities Private Limited on
December 15, 1995to change the profile of the company and subsequently due to the conversion
of the company into a public company; the name was further changed to Orbis Securities
Limited on January 5, 2004. ISL is a corporate member of capital market and derivative segment
of the National Stock Exchange of India Ltd.
Product offered by INDIA BULLS

Equity& Debt Stock Broking


Insurance
Commodity trading
Depository Services
Derivatives Broking Services
Mutual Fund Distribution
IPO Distribution

SHAREKHAN SECURITIES
Sharekhan Securities is one of the leading retail brokerage of Citi Venture which is
running successfully since 1922 in the country. Earlier it was the retail arm of the Mumbai based
SSKI Group, which has over eight decades of experience in the stock broking business.
Sharekhan offers its customers a wide range of equity related services including trade execution

on BSE, NSE, Derivatives, Depository services, Online trading, Investment advice etc. SSKI
group ventured into institutional broking and corporate finance activities.
Product offered by SHAREKHAN SECURITIES

Equity Trading Platform(Online / offline)


Commodities Trading Platform( online / offline)
Portfolio Management Service
Mutual Fund Advisory and Distribution.
Insurance distribution

CURRENT TRENDS IN INDUSTRY


Financial year FY14, was yet another difficult year for the domestic brokerage industry
despite the pick-up in trading volumes in the latter half of the year. The rupee volatility, current
account deficit, fiscal deficit, persistent inflation along with perceived delays in policy
formulation together contributed to erosion in investor confidence in the Indian capital market
for a major part of the year. However, perception of improvement in major macro-economic
indicators buttressed expectations of the economy bottoming out and led to an improvement in
the global risk perception of India in the later part of the last fiscal. In anticipation of a stable
national government post elections in May 2014, the Q4FY14 FII inflows of USD 9.4 billion
infused optimism in an otherwise lackluster year for the Indian capital markets. Not only did the
benchmark indices scale newer highs in March 2014 and continued their upward march in April
2014, even broader based mid-cap indices displayed a significant uptick in Q4FY14.
The institutional broking business faced significant headwinds in FY14 despite some
improvement in the later part of the year following strong FII activity and successful big-ticket
divestments. Anecdotal evidence suggests that foreign brokers have fared better than domestic
institutional brokers and the better part of the incremental institutional flows have accrued to
foreign brokers. Consequently, the domestic institutional brokers share has slipped to ~25%
while that of the foreign brokers has strengthened to ~75% compared to the usual one-thirds and
two-thirds share respectively in the past. Also, as a large proportion of incremental flows have
been from long-only funds, the penetration of Direct Market Access (DMAs) has stabilized at
~30-35% of overall volumes. ICRA notes signs of consolidation in the industry as many small
and mid-sized foreign brokers have cut down operations significantly. In ICRAs view, as the
cycle turns, large brokers who have withstood this test of the last few years successfully may be
better positioned to ride the possible upside.
On the retail equities side, the going remained tough as the retail participation was at
multi-year lows for a large part of FY14. Post the strong FII inflows in Q4FY14, retail volumes
also saw traction and were higher by 5-25% in March - April 2014 as compared to the average of
the rest of the year. However ICRA notes that the same exuberance has not been seen
consistently across retail brokers and the sustainability of this increase in retail participation
remains a question. Three trends pertaining to FY14 are worth highlighting. One, recognizing the

downturn was more protracted than earlier estimated, ever rising costs of servicing customers,
compliance costs as well as connectivity costs in an environment seeing pressures on revenue is
causing some of the larger standalone brokers to change their positioning and incrementally
focus on the affluent client segment from mass markets. To control costs, while the sales teams
continue to be pruned down, the brick and mortar models (including franchisee route) are now
being consolidated. Smaller clients are being persuaded to go online as servicing them becomes
increasingly unviable. However, while letting go of some
The fiscal year 2015 was a great one for stock markets by most standards. India,
traditionally considered by FIIs as third or fourth investment choice, emerged as the top safe
haven for them to park their huge cash piles. While the US showed early signs of economic
recovery, a still fragile Europe and teetering Chinese economy made India irresistible to the hot
money as favorable macros kept it relatively insulated to global turmoil. Amid rise in investor
sentiment, expectation of reforms and pick up in the industrial activity and economic growth
following the clear mandate to one party in the General Elections, the benchmark Sensex at the
BSE rose by 25 per cent in 2014-15, thereby capping its best show since 2009-10. In the last
fiscal, i.e. FY14 the index gave a return of 15 per cent. On Tuesday (March 31, 2015), the Sensex
closed at 27,957 witnessing a marginal fall of 18 points. The broader Nifty at the National Stock
Exchange, too, closed flat at 8,491. Went it rains, it pours. For the Indian economy, it was
pouring good news. A reform-friendly government and a visionary RBI governor helped the
ailing economy get back to track. Moreover, the sharp fall in Brent crude prices acted as a
catalyst to the overall changing sentiment. The major import for the country halved in FY15,
giving a boost to the countrys efforts to rein in its current account deficit problems.

COMPANY PROFILE

COMPANY PROFILE

CD Equisearch is one of the leading brokerage houses with a strong presence in the
institutional and HNI broking segment .With over 30 years of experience, you could be sure of
the best in class research, operations, backend support and above all, a name which inspires trust.
At CD Equisearch, the emphasis is on transparent and clean dealings. This has earned us our
clients' goodwill. This quality has stood the test of time and has helped us secure business from
all quarters.
At CD Equisearch, people are not weighed down by tradition. Rather, we are inspired by
the rich heritage of the company. Here, business is conducted by building long term relationships
with our clients and associates by laying emphasis on ethical and clean dealings. Here, people
practice the gentle art of finance with professionalism, skill and transparency. At CD Equisearch,
we do business quietly.
Continued growth which is so essential in todays fast paced and ever changing capital
market has been a constant feature at CD Equisearch. With an eye on the future and in keeping
with the changing times, we at CD Equisearch have earned the investor's goodwill our most
important asset, over the years.
After having a track record of servicing Institutions and HNIs for over 3 decades, we are
planning to foray into the growing retail segment in a big way. We would be expanding across
the geography with a wide network of our regional offices, branches, franchisees and subbrokers. We would be offering a complete basket in financial services. We are looking at
ourselves amongst one of the top ten broking houses in India by 2015 . To achieve that, we have
very aggressive plans of expansion.

MISSION & VISION


CD Equisearch is passionate about providing friendly customer services on the greens of

the investing world. Following the highest standards of ethics is entrenched in the DNA of CD
Equisearch.
At CD Equisearch, the selection and recommendations of wealth creating opportunities
are primarily based on the 3C principle:

Conservation of capital

Consistent growth in value of investment over a period of time

Continual cash inflow through handsome dividends

Our Guiding Principles...


We, at CD Equisearch believe that being o n par in terms of price and quality only
satisfies the customer. It is the customized service, which delights. The core values, which drive
CD Equisearch to exceed customer service expectations, are:

TRUST

TRANSPARENCY

THOUGHT LEADERSHIP
We believe that abiding by these values for over more than the past three decades has

helped us earn the goodwill that we enjoy today.

MANAGEMENT

Chairman-Non Executive Director


Mr. Chandravadan Desai, the Chairman-Non Executive Director of CD Equisearch, brings
with him more than 30 years of experience in the capital market and provides the strategic vision and
leadership behind the organization. He laid the founding stone of the business in 1972 and has steered the
firm a long way with his drive, enthusiasm, and enduring pursuit of excellence. Mr. Desai is a director of
numerous distinguished companies and a member of executive committees of various Chambers of
Commerce.
Director
Mr. Pranay Desai, Director of CD Equisearch guides and drives the organization focusing on
the tradition of creating wealth for its clients in the most ethical manner. Bachelor Degree in Business
Management from Boston College, Massachusetts (USA) and a Master in Business Administration with
specialization in Finance from University of Miami, Florida (USA) help Mr. Desai to focus on Finance
and Capital Markets, having already demonstrated sound leadership skills while serving as the President
of MBA Finance Club and the MBA International Business Club of his university. Mr. Desai brings
together a new strategic vision and dynamism which will serve the organization in taking it to the next
level.
CFO
Mr. Jayesh Vora is the CFO of the company. He is a Chartered Accountant by profession,
possesses more than 14 years of experience in the field of capital market. His area of expertise among
other things includes finance, risk management & statutory compliances. He provides guidance &
coordination in financial, fiscal, accounting & budgeting efforts of the company.
Director(Group of companies)
Mr. Nilesh Vasa is a Chartered Accountant by profession and holds a Masters degree in
Management from Indian Institute of Management, Ahmedabad (IIM-A). He possesses two decades of
experience of working with leading financial institutions like Industrial Development Bank of India,
Reliance Capital and JM Morgan Stanley.

PRODUCTS

Equities
CD provides research based investment advisory and broking services through its
memberships with BSE and NSE. Products include:
NSE and BSE cash

Intraday

Delivery

Advisory

Derivatives
CD encourages you to hedge your risks in the capital markets by resorting to smart
derivative strategies and provides you the means to execute them.
Online Broking
Depository Participant
To serve you in the most efficient way, CD provides depository services linked to your
trading account. These services can also be availed of independent of the trading account.
Structured Products
At CD, we understand that your investment needs are different from others. Our
customized Structured Products would help you meet your investment objectives.
Alternate Investment
Bonds

Mutual Funds
Investing in Mutual Funds is one of the most sensible routes to utilize the best fundmanagement talents available in the country. CD offers guidance to pick and deliver the best in
this class.
Life Insurance
We have partnered with Kotak Life Insurance as a corporate agent. Our team of
relationship managers would help you choose the right kind of insurance product for you based
on your requirements and investment objectives.
Distribution of IPO/ FPO
We provide advisory and infrastructure support to help you invest better and also take
advantage through investment in IPOs.

COMMON TERMINOLOGY USED IN THE INDUSTRY

Averaging Down
This is when an investor buys more of a stock as the price goes down. This makes it so
your average purchase price decreases.
Bear Market
This is trading talk for the stock market being in a down trend, or a period of falling stock
prices. This is the opposite of a bull market.
Bid and offer
Bid is the price at which the market maker buys from the investor and offer is the price at
which he offers to sell the stock to the investor. The offer is higher than the bid.
Blue Chip Stocks
These are the large, industry leading companies. They offer a stable record of significant
dividend payments and have a reputation of sound fiscal management. The expression is thought
to have been derived from blue gambling chips, which is the highest denomination of chips used
in casinos.
Bull Market
This is when the stock market as a whole is in a prolonged period of increasing stock
prices. Opposite of a bear market.
Buy and Hold
Buy and hold is a technique of investing and profiting in stock market. A stock is bought
and held almost indefinitely, assuming that all financial markets, in spite of good times and bad

times, give a good rate of return on investment, in the long run. It is a long term investment
strategy.
Broker
A person who buys or sells an investment for you in exchange for a fee (a commission).
Here is Tims favorite broker. (LINK)
Brokerage
Brokerage is the commission charged by the broker. The maximum brokerage chargeable
is determined by stock exchange controlling authority of each country.
Closing Price
The last traded price of a security at the end of a trading day.
Commission
A fee charged by a broker or distributor for his/her service in facilitating a transaction.
Carry forward trading
Trading where the settlement of trades is postponed on the stock exchange until a future
settlement period involving payment of interest on the account.
Cash markets
The markets where securities have to be delivered by the seller and cash to be paid by the
buyer immediately.
Day Trading
The practice of buying and selling within the same trading day, before the close of the
markets on that day. This is what Tim typically does, although he does have a long-term portfolio
as well. Traders that participate in day trading are often called active traders or day traders.

Debenture
Debenture is a certificate, issued against a loan raised by a company, paying a fixed rate
of interest and is secured on the assets of the company.
Demat trading
Demat trading is trading of shares that are in the electronic form or dematerialised shares.
Dematerialisation is the process by which shares in the physical form are canceled and credited
in the form of electronic balances and are maintained on highly secure systems at the depository.
DEMAT account
In Indias banking terminology, the term DEMAT Account refers to a deposit made at an Indian
financial institution that can be used for investing in shares of stocks and other financial assets. Securities
are held electronically in a DEMAT Account, thereby eliminating the need for physical paper certificates.

Dividend
This is a portion of a companys earnings that is paid to shareholders, or people that own
hat companys stock, on a quarterly or annual basis. Not all companys do this.

Exchange
An exchange is a place in which different investments are traded. The most well-known
in the United States are the New York Stock Exchange and the Nasdaq.
Execution
When an order to buy or sell has been completed. If you put in an order to sell 100
shares, this means that all 100 shares have been sold.

Hedge
This is used to limit your losses. You can do this by taking an offsetting position. For
example, if you hold 100 shares of XYZ, you could short the stock or futures positions on the
stock.
Index
An index is a benchmark which is used as a reference marker for traders and portfolio
managers. A 10% may sound good, but if the market index returned 12%, then you didnt do
very well since you could have just invested in an index fund and saved time by not trading
frequently. Examples are the Dow Jones Industrial Average and Standard & Poors 500.
Initial Public Offering (IPO)
The first sale or offering of a stock by a company to the public, rather than just being
owned by private or inside investors.
Margin
A margin account lets a person borrow money (take out a loan essentially) from a broker
to purchase an investment. The difference between the amount of the loan, and the price of the
securities, is called the margin.
Moving Average
A stocks average price-per-share during a specific period of time. Some time frames are
50 and 200 day moving averages.
Order
An investors bid to buy or sell a certain amount of stock or option contracts. You have to
put an order in to buy or sell 100 shares of stock.
Portfolio

A collection of investments owned by an investor. You can have as little as one stock in a
portfolio to an infinite amount of stocks.
Quote
Information on a stocks latest trading price. This is sometimes delayed by 20 minutes
unless you are using an actual broker trading platform.
Rally
A rapid increase in the general price level of the market or of the price of a stock.
Sector
A group of stocks that are in the same business. An example would be the Technology
sector including companies like Apple and Microsoft.
Spread
This is the difference between the bid and the ask prices of a stock, or the amount
someone is willing to buy it and someone is willing to sell it.
Stock Symbol
A one-character to three-character, alphabetic root symbol, which represents a publically
traded company on a stock exchange. Apples stock symbol is AAPL.
Volatility
This refers to the price movements of a stock or the stock market as a whole. Highly
volatile stocks are ones with extreme daily up and down movements and wide intraday trading
ranges. This is often common with stocks that are thinly traded, or have low trading volumes.
This is also common with the stocks that Tim trades.
Volume

The number of shares of stock traded during a particular time period, normally measured
in average daily trading volume.
Yield
This usually refers to the measure of the return on an investment that is received from the
payment of a dividend. This is determined by dividing the annual dividend amount by the price
paid for the stock. If you bought stock XYZ for $40-a-share and it pays a $1.00-per-year
dividend, you have a yield of 2.5%

INTERNSHIP DETAILS

INTERNSHIP DETAILS
Background of the company and department performed my internship
I did my internship at CD equisearch Pvt. Ltd Chennai. CD is the one of the leading
brokerage firm in India. CDs head office is in Mumbai and Kolkata. CD is also trade in both
BSE and NSE and also deals with commodities, equities, currency. CD has two firm CD
EQUISEARCH and CD COMMOSEARCH but both are under one function. For commodity
service it used CD Commosearch and Equities it used CD Equisearch. But management,
employees, staffs, offices, functions etc are also same for both firms. Only their registration
processes are different. I worked in their Marketing and Relationship department. I got
permission to do my internship is through Mr. Hussain Sherrif M, Vice President, CD
Equisearch. He is also guided to me for doing my internship.

Outline and nature of the work


I got mainly four types of tasks in there. Conduct a survey, Data base collection, Make
some open phone calls and Assist client meeting. The tasks are very helpful to me for
exposure. Whole tasks are related to customer related so it helps me to interact with more people.

The experience I got from CDs office its valuable. The work atmosphere, work with other
staffs, various knowledge etc is help me to explore more in that field.
About my tasks, I got my first task is Conduct a survey based on the topic Investors
satisfaction on new government policies. And the first day guide asks me to prepare a
questionnaire about the particular topic within one hour. The time is very limited but I
completed my task within the time limit. And guide verifies my questionnaire and gave a positive
comment about my questionnaire.
On next day guide ask me to collect some sample minimum fifty from different offices
and IT parks etc. And give two days time for collecting this much samples. I went different
places and IT parks like TCS, HCL Ambit IT parks etc. And I collected more than fifty samples
and also give a feedback of the sample survey to my guide about peoples attitude towards the
share trading business. And finally submitted report of the survey.

After that task guide ask me to study the share market from the base line.
And guide assigned one of the relationship managers in the office Mr. Raju for
give some idea about share marketing as well as share trading. He gave some valuable
information about share marketing, how to make share trading, about the CDs specialization etc.
After that guide ask me to analyze the market and give a feedback.
Next task I got is making some introduction phone calls to new customers. First of they
give data base. Which means its including some mobile numbers. And they ask me to make
some calls to that numbers and give an introduction about CD and if they ask more about CD
then the phone call transfer to relationship managers in the office.
Data base collection is the next task I got from there. Guide gives some pamphlet and
asks me to distribute that pamphlet and collect some data base from different offices like IT
parks. I went Ambit IT parks, MEPS IT parks, some of crowded place like shopping malls etc.
and collected some valuable details. And give some valuable contacts details of those who
interest in doing share trading to relationship manager Mr. Saravanan.

Next task is assist client meeting with the one of the relationship managers Mr.
Saravanan. And collect client details for starting share trading like some documents like identity
card, adhar card, photos, bank statements, know your client form, cheque etc.
For doing whole task it is needed to interact with the people. That is the main problem
faced me. Because their language is Tamil so its big problem to me in first some days after that I
can managed that problem. I learned some Tamil though my experience like interact with people
for traveling different places for data collection and collecting sample survey etc. Second
difficulty faced is the places are new to me so it makes some trouble in my sample collection.
But all difficulties are gave practical life experience and it creates more confidence in my life.
The work pressure, target, problems of at the time of working with others etc are give more
industrial experience. These are help me to know the practical experience of the jobs.

An average day
An average day starts with 9.30 am. I got work on a daily base so every morning I want
to meet with my guide. In that time I want to give a feedback of the previous day task. And in
that that time guide give me to particular days task. So in each day I got different tasks like open
phone calls, data base collection, client meeting etc. An average day is not specific in my
internship because my tasks are different in each day so it is difficult to set an standard.
Normally for data collection guide suggest some places otherwise its a choice of me for where
go. And some days I want to report at evening or some days report though phone call at after my
task complete. In at office there is no specific break time or lunch time because share markets are
open at 9.15 am to 3.30 pm so we want present in that time. But mean time takes some time for
breaks. And average days end at 6.00 pm. For client meeting the time is various bases on clients
time availability. So standardization of an average day in my case it is difficult its fully bases on
nature of the work I got.

An average week

An average week, first week I got task conducting survey based on the topic Investors
satisfaction on new government policies. So it need go some places for collecting samples.
Second week its some like training period and makes some open phone calls. Third week mostly
I got the task is data base collection and last week I got tasks like assist client meeting and data
base collection. An average week, I worked more than 40 hours. And each day I want to report in
at 9.30 am. Some days I want spent whole time in office some days its needed to go outside the
office. Its based on the nature of the task I got.

Learning summarization
Significance of the my internship

The internship is helped me to gain business work experience and it also help me to
involved in practical work in a business environment.

The internship has equipped with more knowledge in addition to that obtained in class in

relation to the working environment.


The internship has helped to impart the theoretical knowledge to practical since I was

involved in the practical work in the business environment.


The internship training has managed to expose the trainee to the challenges in the work place

and how the challenges can be overcame.


The internship has also helped me to making connections with various people who in the

future may give a helping hand in my life.


The internship training has helped the trainee in making friends with the other trainees
through interactions

Lessons learnt from this Internship

Internship help me to know more about share marketing and also help me to know the

different terms using the share trading like damat account, feature call, option call etc.
It help me exposure myself because the place, people, language etc is new to me but I

overcome all these factors.


It also helps to me what is real work situation and the real work experience I got from there.
It helps me to avoid my fear of communication because all works related to people so it
needed to interact with them. For data collection, sample survey, client meeting, open phone

calls all are needed to interact with people.


Internship also helps me to know the different policies, changes etc how will affect the

market.
What are the documents needed for starting a share trading. How make share trading etc can
known from this internship.

Challenges faced throughout the Internship

Language is the big challenge faced me in this internship. Because all tasks are need to
interact with people. Their local language is Tamil so first some days it is big problem to

me. But the experience got from each day it can be overcome.
I need to go different places. This is another difficulty I faced in there. Because the places

are new to me so it makes some trouble.


Next one is the people attitude towards the share marketing business. So for data
collection it need more time to convincing them. Most of people are not willing to give
their details in that time we want convincing them in more detail. This is another
challenge I faced in throughout my internship.

Conclusion
The internship exercise was mainly to enable me acquire practical skills and link theory
to practice in the real world so as to meet the labor market needs. I have been able to acquire
practical skills like share trading, data collection and data analysis, customer care etc.

BIBLIOGRAPHY

Bibliography

Websites:

www.cdequi.com
http://www.moneycontrol.com/stocksmarketsindia
http://en.wikipedia.org/wiki/Stock_market

APPENDIX

Customer survey
Name

Contact No

Email ID

This is the small survey on investors satisfaction on new government policies. Your information
is valuable to our survey information will be kept confidentially.

1. How many years you were in share marketing


2. Are you aware of the new market situation?
Yes
No
partially
3. What is your position in first Q1?
Profit
Loss
4. What impact made in your shares after the new government came?
Profit
Loss
5. Do you think Mr. Narendra Modis policies helps to better the market?
Yes
No
6. Do you think new RBI policies help to attracting shares in banking sector?
Yes
No
7. Are you satisfied with this government?
Yes
No
8. Do you think Narendra Nodis Make in India policy helps to you for investing in
Indian companies?
Yes
No
9. Do you think foreign investors favor to the domestic investors?
Yes
No
10. Do you think foreign investment policies want to be change?
Yes
No
11. Do you think this is the right time for invest in market?
Yes
No
12. What will you expect from this government for increase the value of shares?

Thank You

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