A very relevant topic which tackles the contemporary issue of price volatility in Indian stock market. Methodology in this book is very elaborate with detailed review of literature cited in the book. Also, exceptional details are mentioned about the terms and concepts of derivatives. The book is a complete original version as regards the contribution by the authors.
The present book – Impact of Derivatives on Price Volatility in Indian Stock Market – attempts to study the impact of volatility on the stock market after the introduction of derivatives in Indian segment taking into account a period of seventeen years, from April 1, 1997 to March 31, 2014. The book is organised into six sections. The first section gives a detailed insight into the layout of the book. The second section extensively deals with the earlier works undertaken in the related area. The third section is the theoretical framework on the concept of (iv) derivatives, stock futures and its legal framework. The fourth section is divided into two parts. Part A analyses the existence of causality between futures and spot prices of few companies specifically selected for the purpose. Part B deals with the research question of the impact of price volatility in the Indian stock market. The fifth section deals with the factors affecting the behaviour of investors in Derivatives Market. The final section compiles the findings of the all previous sections and concludes the topic.
Contents –
1. Introduction
2. Review of Literature
3. Regulatory Architecture and Developments in Indian Derivatives Market : an Analysis
4. Role of Derivatives Trading in Price Discovery, Market Efficiency and Volatility in The Underlying Spot Market
5. Factors Affecting Behaviour of Investors in The Derivatives Market
6. Summary of Findings, Conclusion and Suggestions
Appendices
Bibliography
