Project on Future Hedging
A STUDY ON DERIVATIVES MARKET“OPERATIONS AND APPLICATION OF HEDGING STRATEGIES FOR FUTUER” FROM INDIABULLS HYDERABAD A PROJECT REPORT SUBMITTED TO
HYDERABAD IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF DEGREE IN MASTER OF BUSINESS ADMINISTRATION SUBMITED PRASHANT MAHESHWARI ICBM-SBE (HYDERABAD) 2011-2013
DECLARATION
I PRASHANT MAHESHWARI student of ICBM-SBE COLLEGE have completed the project on “DERIVATIVES MARKET OPERATIONS AND APPLICATION OF HEDGING STRATEGIES FOR FUTUER” with reference to INDIABULLS for the Academic year 2012-2013.
The information given in this project is true to the best of my knowledge
(PRASHANT MAHESHWAWRI)
ACKNOWLEDGEMENT I take this opportunity to express my sincere Thanks to God and everyone who directly and indirectly help me in completing my project work successfully.
I would like to thank MR.ATISH GUPTA OF INDIABULLS, HYDERABAD for his kind help in completion of the project. I am thankful to my guide and HOD Mrs. Sai Rani mam for giving their support and guidance. I take this opportunity to thank other faculty members of MBA dept. for their kind Co-operation. I am also thankful to my parents and all my friends who co-operated me to complete this project.
ABSTRACT One of the most significant events in the securities markets has been the development and expansion of financial derivatives. The term “derivatives” is used to refer to financial instruments which derive their value from some underlying assets. The underlying assets could be equities (shares), debt (bonds, T-bills, and notes), currencies, and even indices of these various assets, such as the Nifty 50 Index. In India, derivatives markets have been functioning since the nineteenth century, with organized trading in cotton through the establishment of
HYDERABAD IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF DEGREE IN MASTER OF BUSINESS ADMINISTRATION SUBMITED PRASHANT MAHESHWARI ICBM-SBE (HYDERABAD) 2011-2013
DECLARATION
I PRASHANT MAHESHWARI student of ICBM-SBE COLLEGE have completed the project on “DERIVATIVES MARKET OPERATIONS AND APPLICATION OF HEDGING STRATEGIES FOR FUTUER” with reference to INDIABULLS for the Academic year 2012-2013.
The information given in this project is true to the best of my knowledge
(PRASHANT MAHESHWAWRI)
ACKNOWLEDGEMENT I take this opportunity to express my sincere Thanks to God and everyone who directly and indirectly help me in completing my project work successfully.
I would like to thank MR.ATISH GUPTA OF INDIABULLS, HYDERABAD for his kind help in completion of the project. I am thankful to my guide and HOD Mrs. Sai Rani mam for giving their support and guidance. I take this opportunity to thank other faculty members of MBA dept. for their kind Co-operation. I am also thankful to my parents and all my friends who co-operated me to complete this project.
ABSTRACT One of the most significant events in the securities markets has been the development and expansion of financial derivatives. The term “derivatives” is used to refer to financial instruments which derive their value from some underlying assets. The underlying assets could be equities (shares), debt (bonds, T-bills, and notes), currencies, and even indices of these various assets, such as the Nifty 50 Index. In India, derivatives markets have been functioning since the nineteenth century, with organized trading in cotton through the establishment of