Research Analyst: An Overview of Indian Financial Market

Abstract

This internship report is based my two-month long internship which I have successfully completed with Growth Arrow Company under the Research Department. The project that I carried out is based on the overview of the Indian financial markets and the analysis of top- and low-level companies. The report also includes information about the company and its major competitors. This internship has helped me gain practical exposure and has helped in applying the theoretical knowledge into practice. Firstly, fundamental analysis was carried for the market. Under fundamental analysis, first the industry analysis was carried out. This included the PESTEL analysis. Followed by that, an analysis of the five companies, by market capitalization, was carried out. This included the SWOT analysis, Cash Flow Statement analysis and analysis of a few key ratios. Secondly, technical analysis was carried out. For this, four main indicators were used. These included the oscillator indicator Relative Strength Index, Moving Averages, Pivot Point and Bollinger Band. This analysis helped in identifying which stocks to buy and which to sell and also at what price. The report has been created to inculcate three major components – the industry and the company in its context, the projects undertaken and the contribution made to the organization, and lastly the objective of the Summer Internship Programme, learnings that could be taken from the brief yet enriching experience at Growth Arrow Company. Working with The Growth Arrow Company has allowed me to learn about the stock exchange at a deeper level which was otherwise unknown to me. My mentor also provided us with the freedom of doing the live trading or can-do paper trading to learn more about the reality of the stock exchange.