Nifty Spot & Futures: An Empirical Study

Nifty Spot & Futures: An Empirical Study

Author Name : Dr. Deven Mahajan

ABSTRACT The investments of an investor can be managed with the help of various new investment avenues like futures. The Nifty 50 spot is one most important index of the National Stock Exchange i.e., NSE.Nifty Index keeps the track of 50 blue chip companies behavior. A good recognition has been gained in the present era by the derivative products. The values of Nifty futures are taken from spot prices of Nifty. The investment portfolio of the investor can be diversified with the help of futures. The present research paper analysis the relationship between Nifty spot and futures. The various tools like Vector Error Correction Model (VECM), Unit Root Test, Johnsen Cointegration Test are used to analyze the results.