Security Analysis and Portfolio Management covers a wide spectrum of financial markets, services, instruments and their valuations. I have particularly liked the Financial Engineering section, wherein the author has drawn a sketch of the Lehman Brothers' bankruptcy, giving detail of the instruments and reasons behind this gigantic event. Its impact analysis on various economies and geographies is also quite enlightening. The section pertaining to Derivatives trading in India has also deftly dealt with various issues in equity, currency and commodities derivatives markets? the book would be a good tool for learners of capital markets across various sections? Sandeep Singal Head - Institutional Equity Derivatives Business Emkay Global Financial Services Limited, Mumbai This comprehensive text give students an access to the most important methodological advances that have taken place in the financial market over the past few years. With a strong emphasis on the underlying economic fundamentals, Khatri gives us the required platform for understanding all the issues related to investment management, security analysis and portfolio management. Rajiv Relhan Regional Head - Securities Services South Asia Middle East Securities Services Standard Chartered Bank, Mumbai This text book focusses on the Indian financial market system and is primarily designed for students of MBA, CA and MCom. It deals with traditional as well as modern approaches to investment, securities analysis and portfolio management. This book is rich in comprehensible explanations, charts, diagrams and illustrations. It not only contains the latest Indian assets allocation models, forecasting techniques and optimization methods, but also includes several international case studies. Each chapter is followed by a series of questions and case studies. It is bound to be a valuable asset for the students of management. Pradeep Khandelwal Head - Clearing Settlement, Compliance Company Secretary Globe Capital Ma
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