Piet Syopsi Sabasson Deas upped sae eda nin pvp ‘SUBMISSION OF PROJECT SYNOPSIS & GUIDE ACCEPTANCE FORM | Student Details Nome Ral Number Name or program Session year Semester ‘pecislsation i. Beoject Synopsis Deails Te ofthe project Introduction and Objectives of tre suey Problem staemene (ning, Ukerature Review) (fo be suamicied co the projet steering comics) ‘PART A: Synopsis Registration Sachin Ashokrae Gelhar 408007968 MBA Spring 2016 Semester W ‘omar 4-207602-DF [A STUDY ON DERIVATIVES MARKET“OPERATIONS AND APPLICATION OF HEDGING STRATEGIES FOR HJIUER" FROM INDIABULLS, INTRODUCTION : The emergence afte marke or derivatlve products, most ota forwards. fetures ane olons an be traced acc the allngnes of fiskeaverse economic agents ta guar themseves against uncertainties arising out ‘of lucniains in asset pices. Olferent investment averies are avallable investors. Stark market age offers ood investment opportunities ta the ivestor alike a vestments, they also cry cerain rks, The investor shoul compare rk ans ‘ected yelde aller acjuslment eff taxon various intruments while aking invesement decision te investor may seek advice rom expertly and constancy Include stockbrokers and analysts who maidng investment cersions. OBJECTIVE (OFTHE STUDY: 1. To analyse the canta marker and deritve market nl. ‘To say thw isk and recurn characterises and derhative performance against protic and polices of company. 3 Te analyse the hedgers postion to resuce oF climnate te rch 4 To study decal the role of futures, PROBLEM STATEMENTS: The study ic restrited only Co the various future strategies avalile to menage the sk + The study i mainly dependent on secondary data. The aubect of dervate vast it requites extensive study and reseafeh to understand the ezth ofthe various insrument operating in she market only 3 recent an. «Therefore data related fo las few trading months Wes ‘only consider and interpret LITERATURE REVIEW: STOCK MARKET: A sac market or equity marker isa public enti forthe racing ot company stock (shares) ‘and derivatives at an agreed pce those are secures ned un a stock exchange ‘aswell ar thoze only traded privately SECURITIES AND EXCHANGE BOARD OF INDIA {SEB SEBI nes set up as an autonomous regulatory auhariy by the Government of dain 1988 "te protect the intrest of ivestors in secures an to promote the development of, 3nd ta regulate the secures market and for meters onected therewith or incidental thereto PARTICIPANTS AND FUNCTIONS NSE auits mombsrs on i dervatves segment in accordance wth te rules and regulauons of the exchange ane the norms speciied by SFB NSE follows er ‘membership strucsure spulaed by SEBIca enable wider participation. Those 1796-016 15:59ject Synopsis Sebmison Details nipped staat edasnpin php? mpl 66433 Interested in taking membership on F&O segment are requed 0 take Methodology ana References ‘membership of CM and FRO segmantor CM, WOM and FEO segment RESEARCH METHODOLOGY Research methedology ts based an two types of dai 1 Primary data 2 Secondary data Primary data: Prmary data is hasod on the information provided by employees of india Bul Securoes Lid. Secondary sata Secondary data is elected trough websites, ara reports of company given in rmegadines et. Teos adopted: For Futures The cst-of-carry model used for pricing futures is given below. F~ Sere Where: F= Futures Price S ~ Spor price ofthe underyingr= cost of financing (using continuously compounded Interest rate) ‘Time til expiration in years @= 2.71828 (on Festa a Whers:F= Futures price = ‘Soot orice of Ue nerest undeiying r= Cos offen or rate a= Expected Dail yal t= olcing Peto 1 ule esaile Name ofthe Guide PRACHI OMA Date of Bits 1379-06-05, Primary Contac Number spisgrosoaset rary Email prachiyas. sebeyahoe.com Terai Experience e counery India _ Year of Name of the PG Area of Specialisation Institution/University eta I nen passing el Master of Business Human Resource (GURU GHASIDAS 20 Administration (MBA) __|_ Management f UNIVERSITY Dees ine guide hes more thon ¥ ‘wo years of Experience | Dr/Min frst, PRACHLOMEA hereby confirm my vilingness to guide Mr/ Ms, Shin Ashokan Gale ROINo. 11408007364 attached fo Lesrrng Centr (code) 1506, SUNTELLZ JEMENT, whe Projo Tile i & STUDY ON DERIVATIVES MARKET-OPERATIONS AND APPLICATION, OF HEDGING STRATEGIES FOR FUTUR" [FROM INDIABLILS during the Sang session of 2015 (year. agree to submit the projec tet’ Imernal Assessment ‘ lB FR cows hereby declare that this project synopsis is an original work carried by me and will not bbe submitted to any other University for fulfillment of any course of study. Pia eS stadt eat Date me 1792016 1541