This project is an effort to study the performance of BANKING sector companies listed in our title based on the movement of equity share prices in cash markets which are an indication of the manner in which the information is received, processed, assessed and reflected by the investing community in the country. Concepts like efficiency market hypothesis which base themselves on the way in which the information about companies is internalized by the capital markets are utilized for our study. As this is an experiential study two methods of action are implemented. A generalized risk diversified portfolio purchases and sales are made as well as a sector-specific intensive portfolio trades are also made for a period of 45 days. An investment methodology which incorporates both the macro and microeconomic variables is formulated and utilized for the purpose of selection of scripts based on various informational inputs. The results of the portfolio are analyzed both on a daily basis and a periodic basis using the following tools, viz: Treynor ratio, Sharpe ratio, and Jensen’s alpha, which are accepted as valid barometers of the performance of a fund manager. The undersigned would be the fund manager for the limited purpose of this project and the finally the alpha would indicate the success or failure of the experiment on which this report is based.