SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT

This well-organised, lucidly written text deals with the basic concepts of investment in securities such as bonds and stocks, and management of such assets. It not only discusses various aspects of portfolio management, ranging from analysis, selection, revision to evaluation of portfolio, but also elaborates on financial derivatives, securities market and risk evaluation that help in understanding the trading system better and making quality investment decisions. Besides explaining the theory of portfolio management that comprises fundamental and technical analyses, shares and bond valuation, efficient market theory and the capital asset pricing model, the book also provides a detailed analysis of the latest developments in securities trading. • Gives a large number of examples to illustrate the concepts discussed. • Provides chapter-end exercises to test the student’s grasp of the subject. • Discusses in detail about Indian stocks and shares market to help the student understand the subject in the country’s current scenario. This book is recommended in Mizoram University, Mizoram for M.Com., Gauhati University, Assam, Dibrugarh University, Assam, North Eastern Hill University, Meghalaya, Shiksha ‘O’ Anusandhan University, Odisha for MBA. This concise yet comprehensive book is intended as a text for students of management (both BBA and MBA) and M.Com. It would also be immensely useful to those pursuing professional courses such as chartered accountancy (CA), cost and work accountancy (CWA), and chartered financial analysis (CFA). In addition, it will be suitable for the professionals in the investment field.