A study of working of stock broking

“A STUDY OF WORKING OF STOCK BROKING FIRMS WITH REFERENCE

TO RELIGARE SECURITIES IN BHOPAL”

Presented By :- Surabhi PrajapatiShubhangi Singh

Nisha Singh

INTRODUCTION :- Equity TradingCommodity TreadingDEMATERIALISATION REMATERIALISATION

Equity trading:- it is the buying and selling of company stock shares. Shares in large publicly traded companies are bought and sold through one of the major stock exchanges.

Commodity Trading: - Commodity markets are markets where raw or primary products are exchanged. These raw commodities are traded on regulated commodities exchanges, in which they are bought and sold in standardized contracts.

DEMATERIALIZATION is the process of converting physical shares (share certificates) into an electronic form.

REMATERIALIZATION is the process of getting the securities in an electronic form, converted back into the physical form is known as REMATERIALIZATION.

Company's Profile

Incorporated in 1984, promoted by Ranbaxy group.The services offered by the group include: -

1. Stock broking, 2.Financing loans against shares, 3. IPO financing,4.Distribution of mutual funds,5.Insurance broking, 6.Commodity broking, 7..Private equity, 8.Merchant banking.

Gagan Randev has been appointed the new CEO of Religare Securities Limited

COMPANY’S STRUCTURE

Mr. Upendra Khare (B.M)

Mr. Sonu Singh Tomar (ABM)

Mr. Ravi Parihar (E.D)

Mr. Amit Parihar (C.D)

Mr. Satish Patwa, Mr. Gaurav Saxena

(A.M)

DIVISION OF RELIGAREReligare Securities Limited (RSL)Religare Finvest Limited (RFL)Religare Commodities LimitedReligare Insurance Broking Services

LimitedReligare Venture Capital Private LimitedReligare Finance LtdReligare Capital Market Ltd

OBJECTIVE OF THE STUDY

To study about the working of broking firms specifically of RELIGARE securities.

To know about broking charges.To know about financial services provided by

this broking firm.To familiarise about customer perception.To make aware about “how to deal in the

equity and commodity market.”

OBJECTIVE OF THE STUDY

Customer approaches

Demat a/c is the key for the customer to

reach the stock broking firm

OPENING A DEMAT ACCOUNTChoose a DP

Fill up an account

opening form

Unique account number(BOID).

Documents to be

attached

Demat Account

Opening fees

BENEFITS OF DEMAT A/CSafe and convenient way of holding securities

No stamp duty charges

Nomination facility available

Reduced paper work and transaction cost

Increased liquidity

Others

Table of Brokerage Charges in India

Online Broker Brokerage for Delivery

Brokerage for Intraday trading

SBICAP Securities

brokerage charges0.50% 0.10%

Sharekhan

brokerage charges0.03% - 0.50% 0.03% - 0.10%

Angel Broking

brokerage charges0.50% 0.02% - 0.03%

ICICI direct

brokerage charges0.75% 0.15%

Indiabulls

brokerage charges0.25% - 0.50% 0.05% - 0.10%

HDFC Securities

brokerage charges0.50% 0.15%

Religare

brokerage charges0.20% - 0.30% 0.02% - 0.03%

SOURCE OF DATA COLLECTIONData Collection

Primary data collection

Personal interview during calling

Questionnaire

Secondary data collection

Internet

Company Database

DATA COLLECTION AND INTERPRETATION

60%

30%

10%

Age of the InvestorsBelow 20 years 21 to 30 years 31 to 40 years 41 to 50 yearsabove 50 years

Interpretation: - Out of total 10 respondents, below 20 years of age were 0%, 60%of the respondent’s falls in the age group of 21-30 years where as 30% were in the age group of 31 to 40% years and next 10% falls in the group of 41 to 50 years and rest 0% under above 50 years.

20%

50%

30%

Occupation

Business services Employee Student

Interpretation: - Out of the total respondents, 50% of respondents were from service class and 30 % were from Employee and 20 % were business class, and rest of the student were not interested in investment.

20%

20%

10%

30%

20%

Income Group1lacs to 2 lacs 2 lacs to 3lacs 3lacs to 4 lacs 4lacs to 5lacs Above 5 lacs

Interpretation: -Most of the trading done by the customer who have annual income between 4 lacs to 5 lacs.

7%

14%

50%

7%

21%

No. of RespondentIT Pharmacy Telecom Banking Petroleum others

Most of the People preferred BANKING sector in trading

40%

20%

10%

10%

20%

No. of Respondent

Equity share Mutual Fund Fixed depositsBonds Others

Interpretation:- From the above figure we can say that investors are mostly interested in equity trading that will facilitate them higher rate of return as compared to others

Conclusion

As already known Religare’s working is adversely affected by the trends in the marketReligare should provide basic information on its product and the services offered by it.Religare is the best service provider for depository and its stock trading services and has over all been the industry leader and carved out a name for itself in the stock broking industry and with its endeavour to retain that position certain changes in its daily working would add to its competitive advantage.

Observation

TeamworkRelationship with the customerThe Odin diet software is the most advanced

and user friendly software that RELIGARE provides for its clients.

Corporate environment

Thank you