Concept of investment, Investment objectives and constraints, Developments of security markets in India, Primary market, Secondary market, Stock market Index & calculation methodology, Concept & Measuring of risk-return, Reduction of risk through diversification, Investment decision based on “alpha” & “beta”, Efficient market hypothesis, Bond valuation, Concept of YTM and Duration, Valuation of equity shares (Dividend discount model, PE approach & DCF Model), Fundamental Analysis, Tools of Technical Analysis, Portfolio Analysis, Active vs Passive portfolio management, Portfolio performance evaluation, Portfolio revision.