• Tejaswini.N

The financial derivatives market have been in existence in India is some form or the other for long term. The financial derivative gained prominence after 1970 in recent years the market for financial derivatives has grown in terms of the variety of instruments available, as well as their complexity and turnover. Financial derivatives have changed the world of finance through the creation of innovative way to comprehend measure and manage risk. the problem of risk caused by uncertainty and volatility in the underlying assets can be effectively solved by derivatives as it is the risk management tools that help an organisation to effectively transfer risk. Derivative are instrument which have no independent value. Their value depends upon the underlying asset. That may be financial or non financial Equity derivative market in India has registered an explosive growth and is expected to continue the same in the years to come. Introduced in 2000, financial derivatives market in India has shown a remarkable growth both in terms of volumes and numbers of traded contracts. NSE alone accounts for 99 percent of the derivatives trading in Indian markets. The introduction of derivatives has been well received by stock market players. Trading in derivatives gained popularity soon after its introduction. In due course, the turnover of the NSE derivatives market exceeded the turnover of the NSE cash market. For example, in 2008, the value of the NSE derivatives markets was Rs. 130, 90,477.75 Cr. whereas the value of the NSE cash markets was only Rs. 3,551,038 Cr. If we compare the trading figures of NSE and BSE, performance of BSE is not encouraging both in terms of volumes and numbers of contracts traded in all product categories .

’A STUDY ON HISTORY OF DERIVATIVE MARKET AND ITS CURRENT SENERIO IN INDIA”

"’A STUDY ON HISTORY OF DERIVATIVE MARKET AND ITS CURRENT SENERIO IN INDIA”", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.104-109, June 2019, Available :http://www.jetir.org/papers/JETIRDG06015.pdf

"’A STUDY ON HISTORY OF DERIVATIVE MARKET AND ITS CURRENT SENERIO IN INDIA”", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp104-109, June 2019, Available at : http://www.jetir.org/papers/JETIRDG06015.pdf