Srusti Management Review (Dec 2020)
Impact of Derivatives on Indian Capital Market – A Literature Review
Abstract
The mercantilism or trading of financial derivatives has received in depth attention. Meanwhile at the same time it has led to a debate over its impact on the underlying stock market from various facets by the academicians. All over the world researchers have done research on derivative trading and found out various facts about derivatives and their trading. In this study on literature review, efforts have been made to bring into the picture the research done about various issues throughout the world by the researchers. The review of literature and study is presented in four sections: first, the review of studies fundamental to capital market of India; second, the review of studies elementary to the testing about the capital market efficiency; third, the review of studies concerning the volatility study; and lastly, the review of fundamental studies analyzing the causal relation between spot and index futures market.
