First, Mr. Yatheesh Bella (Resource person) started his session by talking about SEBI as the regulatory body protecting investors’ interests and about BSE, one of the oldest stock exchanges in Asia. Then he continued his session by advising why we need to trade and invest and also mentioned the avenues of Investing. Then he talked about how to invest in the equity market. There are two ways. One is through Direct capital market, and the second is through mutual funds. The direct capital market consists of the Primary market & Secondary market. We can invest in lumpsum, systematic investment, and systematic transfer plans through mutual funds. Then he says about how to buy or sell in the stock market direct route. In this, we need three accounts. They are saving bank accounts, trading accounts, and demat accounts. The trading and demat account should be with SEBI-registered entities only. Then he talked about the primary market and secondary market through an example. The primary market is also called the new issue market.
Then the resource person talks about the primary and secondary markets. The primary market is the market for newly issued securities. Companies sell new stocks and bonds to the public for the first time with an initial public offering. The primary market allows different types of securities issues in the primary market, namely public issues, Right issues, and private placement. The public issue includes an initial public offer and further public offer, and the private placement includes preferential allotment, qualified institutional placement and institutional placement programme. And then he also explained the different online and offline modes to apply in public issues. Application Supported by Blocked Amount (ASBA), UPI in ASBA, 3-in -1 accounts are different online modes, and form filling is the offline mode to apply public issues. Then he discussed secondary markets and placing orders to trade in the secondary market
Then he talked about placing an order in the Secondary market and about due diligence, enabling the Investors to understand the investment and its perspectives better. Further, he pointed out some questions that must be asked before investing and advised investors to know what duties, rights and responsibilities investors have. Further, he mentioned some of the advantages of SIP. Then he explained how the investment securities are taxed under the new and old regimes. Then he talked about recent market developments. It consists of an equity cash segment and a currency derivative segment. He mentioned that dealing in derivative products is considered to be risky and requires specialised knowledge and expertise, and retail investors are cautioned about the same. Such investors are advised to trade in these products after gaining sufficient knowledge and within their risk appetite.
Then he discussed different modes of filing complaints. Any investor having a grievance against their Trading Member and/or claim against Defaulter Member can register the complaint with BSE regarding transactions executed on the BSE trading platform. A standard complaint form has been specified to enable the investor to lodge their complaints. The investors may also lodge a complaint by detailing the facts and relevant supporting documents. The investor can file the complaints by post, emails, and facilities provided on the BSE website under e-complaint and SCORES (SEBI Complaint Redress System)
He concluded his words with the quote of Benjamin Franklin, "An investment in knowledge pays the best interest”. Then the audience filled out the Google feedback form. Then Mr. Anand (Research scholar, Department of Commerce and International Business) proposed a vote of thanks. He expressed his gratitude towards Mr. Yatheesh Bella individually and on behalf of the department. The program reached its end by 04:15 P.M.