Visit to Securities and Exchange Board of India
A Report
The Department of Economics organised a visit to Securities and Exchange Board of India, Jaipur local office on 26 March 2018 for the students of Economics honors (semester IV) and M.A./M.Sc. Economics. The lecture started at 11 a.m. with a brief introduction by the Manager – Mr. Rajesh Kumar, who led the whole lecture. He explained about the different markets e.g. stock market and commodity market and how trading is conducted in these markets, giving a small insight about the different exchanges – BSE, NSE, NCDEX, MCX, etc. He also gave information about how Demat accounts can be opened free of charge without any AMC (Annual Maintenance Cost) through BSDA (Basic Services Demat Account).
The lecture was very enlightening and provided with the knowledge of many issues in regards to investment strategies. The major elements of the lecture were – firstly, the lecture was designed to provide knowledge regarding the bank accounts for the first timers and the young investors. Secondly, to discuss the simple market i.e. the cash market and the other complicated markets including futures and options. Thirdly, it gave an in-and-out sight of the malpractices and fraud trading conducted in the market. The students also understood the functions and regulations of the SEBI in prevention, reduction and elimination of such fraud parties in the market. There was also a quick discussion concerning the changes in the market in the post budget 2018 period and also how the Trade War (US-China) affected the stock market. The session ended with an interactive question answer round.