A study on changes in future price movements at national stock exchange (With special reference to banking sector)

The emergence of the market for derivatives products, most notably forwards, futures and options, can be traced back to the willingness of the risk-averse economic agents to guard themselves against uncertainties arising out of fluctuation in asset praises. The main Objective of the study is to know the changes in the value of futures of selected banks (ICICI, HDFC, Axis, Canara and Indusind Banks). Secondary sources of the data is used for the study. The scope of the study is limited to “derivatives” with special reference to Changes in Future price movements in Banking Sector and the inter-connected stock exchange (N.S.E) have been takes as a representative sample for the study. The findings of the study is the market price of ICICI is having low volatility, so the futures of investors to enjoy the more profits. The derivatives market is newly started in India and it is not known by every investor, so SEBI has to take steps to create awareness among the investors about the derivative segment.