A Research Proposal

on
Empirical Study of the Selected Equity Share of the
Bombay Stock Exchange (BSE).

Submitted By:
Jay C. Paleja
Nilesh J. Jhala

Enrollment No:
97700592021
97700592099

Submitted To:
JVIMS MBA College – Jamnagar
Affiliated to Gujarat Technological University – Ahmadabad
BRIEF INTRODUCTION
 Today Stock market plays a vital role and act as an economic indicator of the
nation.

 Stock Market offers the basket of the equity shares, which potentially gives very
high return against high risk.

 In order to obtain maximum return while taking minimum risk, it is essential to

analyses the securities, with the analytical tool, like fundamental and technical
analysis.

OBJECTIVE OF THE RESEARCH
PRIME OBJECTIVE:
 Our project objective is to do fundamental analysis of ten companies of different
sectorlisted on BSE.

SUBSIDIARY OBJECTIVES:
 To construct a portfolio on the bases of fundamental analysis of top 10
companies out of 30 selected companies representing 10 different sectors.
 To measure performs of virtualportfolio with actual market price.
RESEARCH QUESTIONS
1. Are Economic analysis, Industry analysis and Company analysis collectively
impact on the security volatility?
2. Is Economic condition (World market Condition - Recession or Boom) effect on
the Selected Security?
- Recession
- Boom
3. The impact of Govt. Policy on the stock market and their correlation with the
security prices?
- Monetary Policy
- Fiscal Policy (Budget)
- EXIM Policy
4. Is there impact of industry situation on the selected company of that industry?
- IIP Rate
SHORT LITERATURE REVIEW

 “Technical and fundamental analysis of selected securities of Indian stock

market” by H.L. Pathak, Symbiosis School of Management. The analysis conclude
that technical and fundamental analysis provides the empirical analysis, which
provides the measurement of the securities.

 In his study of selected securities and trends and patterns in Indian Stock
Market, Bernard and, Ross Levine (1999) explorethe performance of the
manufacturing sector.

 A paper by Bishwanath Goldar (1999) analyses the trends and pattern of the
Asian stock market, with a special focus on Indian Stock Market. He relates the
Share price movement to changing industrial structure and to trade flows.

DATA SOURCE
The data which is used for the research is secondary data.
 PERIODICALS
- RBI bulletin 
- RBI report on currency finance
- Indian Business Week

 NEWSPAPER AND MAGAZINE SOURCES
- Indian Investment Centre: Factsheets on Indian Joint Ventures Abroad
- Economic Times
- Financial Express
- Business Standard

 INTERNET
- www.moneycontrol.com
- www.unctad.org/statistics
- www.ibef.org/economy
- www.oifc.in/Resources/Publications
RESEARCH METHODOLOGY
 Research Methodology includes,
- Research Design
- Hypothesis
- Hypothesis Testing / Test Formulation

RESEARCH DESIGN
 Descriptive Research
- The type of the study or research used in this project is a descriptive
research design. It mainly involves facts findings enquiries of different
kinds of secondary sources of data.

HYPOTHESIS
 Economic analysis, Industry analysis and Company analysis collectively impact
on the security volatility.

 Economic condition effect on the Stock market Selected Security Prices.

 Govt. Policy does not effect on the stock market and their correlation with the
security prices
- Monetary Policy
- Fiscal Policy (Budget)
- EXIM Policy

 Industry situation affect the selected company of that industry.

- IIP Rate

TEST FORMULATION
 Time Series – ARIMA Model
 Comparative Sector wise Analysis
 Regression Analysis
 Variance Analysis
 
TENTATIVE CHAPTER PLAN

CHAPTER 1: Introduction
- Theoretical explanation

CHAPTER 2: Review of Literature

CHAPTER 3: Data Collection

CHAPTER 4: Research Methodology

- Research Questions
- Research Methodology
- Variables involved
- Hypothesis Testing

CHAPTER 5: Findings & Recommendations

- Findings
- Recommendations

CHAPTER 6: Conclusion

BENEFICIARIES OF THE RESEARCH

 Financial Executive
 Investors
 Academicians
 Portfolio Managers
 Cross section of the Investors and Broker