NISM EQUITY SALES

I. Overview of Indian Securities Market

• Introduction
• Market Regulators
• Market Segments
• Market Participants
• Types of Investors

II. Regulatory Framework

• Securities Contracts (Regulation) Act, 1956
• Securities Contracts (Regulation) Rules, 1957
• Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012
• Securities and Exchange Board of India Act, 1992
• The Depositories Act, 1996
• The Companies Act, 1956
• Prevention of Money Laundering Act, 2002
• SEBI (Stock Brokers & Sub-brokers) Regulations, 1992
• SEBI (Prohibition of Insider Trading) Regulations, 1992
• SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities
• Markets) Regulation, 2003

III. Primary Market

• Introduction to Primary Market
• Issue of Shares
• Public Issue

IV. Secondary Market

• Introduction to Secondary Market
• Functioning of the Secondary Market
• Market Phases

V. Understanding Market Indicators

• Index and its Significance
• Types of Indices based on Calculation Methodology
• Major Indices in India
• Impact cost – A Measure of Market Liquidity
• Risk and Beta
• Market Capitalization Ratio
• Turnover Ratio
• Fundamental Analysis
• Technical Analysis 

VI. Trading and Risk Management

• Trading Systems in India
• Orders
• Trade Life Cycle
• Mechanism of Circuit Breakers
• Transaction Charges
• Capital Adequacy Requirements of Trading Members
• Risk Management System

VII. Clearing and Settlement

• Types of Accounts
• Clearing Process

VIII. Market Surveillance

• Introduction to Market Surveillance
• Market Surveillance Mechanism (by Exchanges and by SEBI)

IX. Client Management

• Introduction to Client Management
• Types of Risks
• Risk Profiling of Investors
• Financial Planning
• Product Suitability
• Review of Client’s Portfolio
• Client Account
• Taxation
• Investor Grievance Mechanism