| dc.description.abstract | Option, probably the most popular among all financial innovations, has witnessed explosive growth in the 80s in the US and other developed countries. This growth is likely to continue into the 90s. At present, in India we hardly have any mechanism or instrument to manage (or hedge) the risk of the investors, An stable capital market is a precondition for the growth of a country’s economy. But how are we going to achieve that? The tussle between SEBI and stock brokers is on, regarding bringing about changes in the capital market. The brokers are going all out to prevent SEBI’s move of introducing Futures and Options in the Indian stock exchanges.
In the context, this paper focuses on some of the critical issues and gives a framework for implementation of futures and options in Indian capital market. | en_US |
