IJIRST (International Journal for Innovative Research in Science & Technology)ISSN (online) : 2349-6010

 International Journal for Innovative Research in Science & Technology

Equity Share Analysis on Indian Banking Sector


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International Journal for Innovative Research in Science & Technology
Volume 6 Issue - 2
Year of Publication : 2019
Authors : V. S. P. Vamsi

BibTeX:

@article{IJIRSTV6I2003,
     title={Equity Share Analysis on Indian Banking Sector},
     author={V. S. P. Vamsi},
     journal={International Journal for Innovative Research in Science & Technology},
     volume={6},
     number={2},
     pages={8--17},
     year={},
     url={http://www.ijirst.org/articles/IJIRSTV6I2003.pdf},
     publisher={IJIRST (International Journal for Innovative Research in Science & Technology)},
}



Abstract:

India is a developing country. Nowadays many people are interested to invest in financial markets especially on equities to get high returns, and to save tax in honest way. Equities are playing a major role in contribution of capital to the business from the beginning. Since the introduction of shares concept, large numbers of investors are showing interest to invest in stock market. In an industry plagued with skepticism and a stock market increasingly difficult to predict and contend with, if one looks hard enough there may still be a genuine aid for the Day Trader and Short Term Investor. The price of a security represents a consensus. It is the price at which one person agrees to buy and another agrees to sell. The price at which an investor is willing to buy or sell depends primarily on his expectations. If he expects the securitys price to rise, he will buy it; if the investor expects the price to fall, he will sell it. These simple statements are the cause of a major challenge in forecasting security prices, because they refer to human expectations. As we all know firsthand, humans expectations are neither easily quantifiable nor predictable. If prices are based on investor expectations, then knowing what a security should sell for (i.e., fundamental analysis) becomes less important than knowing what other investors expect it to sell for. That is not to say that knowing what a security should sell for is not important--it is. But there is usually a fairly strong consensus of a stocks future earnings that the average investor cannot disprove. Research design or research methodology is the procedure of collecting, analyzing and interpreting the data to diagnose the problem and react to the opportunity in such a way where the costs can be minimized and the desired level of accuracy can be achieved to arrive at a particular conclusion. This methodology used in the study for the completion of the project and the fulfillment of the project objectives. The sample of the stocks for the purpose of collecting secondary data has been selected on the basis of Random Sampling. The stocks are chosen in an unbiased manner and each stock is chosen independent of the other stocks chosen. The line graph shown below is drawn by taking closing stock prices of ICICI Bank, HDFC Bank and AXIS Bank for last one year data.


Keywords:

Indian Banking Sector, Stock Market, Equity Share


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