The BBA(FS) department of the College organised a study tour to Mumbai from 11th to 15th November 2019. 39 students along with7 faculty members participated in the study tour. The first visit was to the National Stock Exchange (NSE), where students attended a session conducted by Mr. Purv Shah. The speaker started the session by introducing the working of the stock market. He also explained the different terminologies associated with the stock market. He classified trading into four important segments i.e. order, trade, clear and settle, and exhibited the trading screen at NSE based on the online trading platform of NSE, the National Exchange for Automated Trading (NEAT).Along with this he also gave valuable insights into the problems faced by NSE on account of SEBI mandates, etc.
The next visit was to the Securities and Exchange Board of India (SEBI). The session was conducted by Mrs. Sapna Sinha. She gave a brief introduction about SEBI as a regulator. During the session she explained the role and powers of the SEBI and development of the Indian Securities market. She also delineated the other key areas of the capital market viz. Derivatives market, Commodities market, etc.
On the following day, the students visited the Bombay Stock Exchange (BSE) where they attended the session conducted by Dr. V. Aditya Srinivas, the Chief Economist and Chief Operating Officer of BSE. At the start of the session, Mr. Srinivas exhibited the trading screen of BSE through BSE Brokers Terminal wherein he explained how a person can carry out trading online. The speaker advised the students about the different investment avenues available and how to create a good investment portfolio. He also discussed about the current economic situation and its impact on the stock market.
The sessions at different financial institutions, lively interactions with industry experts and practical exposure of live trading screen enabled the students to widen their practical knowledge of finance in general and stock markets in particular. The overall experience of the tour was very enlightening and informative.
