• KAMMARI MANOGNYA

In this project we mainly discuss about the derivatives market especially futures and they are used as the risk management tool in the Indian market scenario. Derivatives being financial instruments depend on the value of the various financial variables like stock prices, commodity price, interest rate, indices, exchange rate etc. The derivatives market has a wide scope in the world market. Their growth is immense during that last two decades. Still there are many who do not know about the functionality of derivatives market. The main objective of this study is to show the pay-offs of select stocks in the futures market. This project mainly focus on futures and estimated prices of future contracts, their classification, features and functions. This tells us how these futures are used for hedging the risk, how these are used as protection from the risk exposure and how the existing risk can be transformed into margins. This study also reveals that investment in derivatives with proper knowledge will let the investors to earn profits in any kind of market situations. But now-a-days even the educated persons are not willing to invest in derivatives market. So it is recommended that SEBI must take necessary steps in improving the derivatives market so that more investors may invest in the derivatives in the future.

"The study on the performance of the futures market on the select stocks", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 11, page no.994-1000, November-2020, Available :http://www.jetir.org/papers/JETIR2011132.pdf

"The study on the performance of the futures market on the select stocks", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 11, page no. pp994-1000, November-2020, Available at : http://www.jetir.org/papers/JETIR2011132.pdf