NISM Series XV : Research Analyst Certification Exam Notes
Page 57 Of 62
Go to:
View-based section in research report - Company Business, Key Strengths, Key concerns, Industry Overview - Source of information: Communication with management, Personal Understanding of the business and industry.
Rating Conventions - In financial markets, while rating stocks, various conventions are used by the research analysts. The prevalent recommendations include: "buy", "overweight", "hold", "underweight" and "sell".
Analysts also use recommendations such as 'accumulate' and 'reduce' to reflect a view that triggers for the stock's performance is expected in the defined time frame, which will result in the returns materialising. 'Outperformer', 'performer or neutral' and 'underperformer' indicate the expectation of the stock's returns relative to the sector or market. The analyst may even indicate the expected level of out/underperformance
Ministry of Finance - The Ministry of Finance is an important ministry within the Government of India. It handles issues related to taxation, financial legislation, financial institutions, capital markets, state finances and the Union Budget.
Department of Economic Affairs is the nodal agency of the Central Government to formulate and monitor India's macroeconomic policies, covering monetary and fiscal policy as well as the functioning of the Capital Market including stock exchanges. Other responsibilities include the mobilization of external resources and issuance of bank notes and coins. A principal responsibility of this Department is preparation of the Union Budget annually.
MODELEXAM® 
www.realsoftinfoplan.com