This workbook has been developed to assist candidates in preparing for the National Institute of Securities Markets (NISM) Equity Sales Certification Examination. NISM-Series-XI: Equity Sales Certification Examination seeks to create common minimum knowledge benchmark for all persons involved in the sale of equity products in order to enable a better understanding of equity markets, better quality investor service, operational process efficiency and risk controls. 

The book covers basics of the Indian equity markets, risk, return and taxation aspects of equity, clearing, settlement and risk management as well as the regulatory environment in which the equity markets operate in India.