*Faculty, Prestige Institute of Management and Research, Indore, Devi Ahilya University, Madhya Pradesh, India
**Student, Prestige Institute of Management and Research, Indore, Devi Ahilya University, Madhya Pradesh, India
Online published on 24 October, 2019.
This research investigates the effect of stock future expiration effect on its price using the daily data of 5 companies of automobile industry with high market capitalization. The Indian automobile industry is 4th largest in the world, it contribute 12% in country's GDP. Automobile industry is growing at a very rapid pace. Automobile sector contribute about 12% of nations economy. It can be concluded from the findings of the study that there is an impact of future prices on the price of underlying stock towards the expiry of futures contracts.
Futures price, Futures Expiry, Indian Stock Market
