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Report on Indiabulls
A REPORT ON SCOPE AND PROMOTION OF CURRENCY DERIVATIVES WITH RESPECT TO INDIABULLS SECURITIES

SUBMITTED BY: KRUTARTH MANKAD 10BSPHH010347

INDIABULLS SECURITIES LTD IBS HYDERABAD

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A REPORT ON SCOPE AND PROMOTION OF CURRENCY DERIVATIVE WITH REPECT TO INDIABULLS SECURITIES

Submitted By: KRUTARTH MANKAD 10BSPHH010347

INDIABULLS SECURITIES LIMITED

A report submitted in partial fulfillment of the requirements of MBA Program Of IBS Hyderabad

Submitted To: Prof. M Showry (Faculty Guide, IBS Hyderabad) Mr. Aatish Gupta (Vice President, Indiabulls Securities Ltd.)

Date of Submission: 13.05.2011

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AUTHORIZATION

The report is submitted as partial fulfillment of the requirement of MBA program of IBS Hyderabad. I, Prof. M Showry, here by authorize the submission of the Project Work titled “Scope And Promotion Of Currency Derivatives With Reference To Indiabulls Securities” undertaken by Mr. Krutarth Mankad (Enrollment Number : 10BSPHH010347) as partial fulfillment of the requirement of MBA Program of IBS Hyderabad. The project work was executed by the student under my guidance and no part of this report has been submitted for any other degree or recognition before.

Sincerely, (Prof M Showry)

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ACKNOWLEDGEMENT

I hereby take this opportunity to thank Indiabulls Securities for providing me with a fruitful association by way of Summer Internship. This association, however short lasting, has provided me with a comprehensive insight into the currency derivative sector, its operations, opportunities and challenges. At this juncture, I would like to express my deep gratitude to my company guide Mr. Atish Gupta who gave me the opportunity to pursue my internship at Indiabulls Securities and also provided me with his constant support, valuable inputs and encouragement in exploring and understanding the nuances of the project. Prof. M Showry of IBS Hyderabad, my guide, gave constant guidance, immense support;

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