Hedging Effectiveness of Index Futures Contract: The Case of CNX S & P Nifty

Please use this identifier to cite or link to this item: https://dr.ddn.upes.ac.in//xmlui/handle/123456789/1918

Full metadata record

DC Field	Value	Language
dc.contributor.author	Sah, Ash Narayan	-
dc.contributor.author	Pandey, Krishan K	-
dc.date.accessioned	2015-04-20T06:40:39Z	-
dc.date.available	2015-04-20T06:40:39Z	-
dc.date.issued	2011	-
dc.identifier.citation	Global Journal of Finance and Management, Volume 3, Number 1 (2011), pp. 77-89	en_US
dc.identifier.issn	0975 - 6477	-
dc.identifier.uri	http://hdl.handle.net/123456789/1918	-
dc.description.abstract	Futures market performs an important function which is to provide effective hedging besides price discovery at distant future date to the market participants. The hedging effectiveness of the futures contract shows its utility in reducing the amount of risk. We estimated the effective hedge ratio and its hedging effectiveness for the S&P CNX Nifty futures using daily data from 12 June 2000 to 24 December 2008 by three models. The study found that Nifty futures contract provides effective hedging to the market players for hedging purpose.	en_US
dc.subject	Management	en_US
dc.subject	Error Correction Models	en_US
dc.title	Hedging Effectiveness of Index Futures Contract: The Case of CNX S & P Nifty	en_US
dc.type	Article	en_US
Appears in Collections:	Published papers

Files in This Item:

File	Description	Size	Format
gjfmv3n1_8_4930.pdf		78.94 kB	Adobe PDF	View/Open