MBA 4th SEM. project

8/11/2019 MBA 4th SEM. project

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A STUDY ON MCX SX 40, WITH SPECIAL

REFERENCE TO BASE METAL & PRECIOUS METAL

Internship report submitted in partial fulfillment of requirement for the award of

the Degree of

MASTER OF BUSINESS ADMINISTRATION

OF

BANGALORE UNIVERSITY

By

PRASUN TIWARI

Reg. No: 12XWCMA071

Under the guidance of

Mrs. REMA NARAYANSWAMY

Associate Professor

SAMBHRAM ACADEMY OF MANAGEMENT STUDIES

BANGALORE

20132014


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CERTIFICATE OF ORIGNALITY

This is to certify that the project entitled A STUDY ON MCX SX 40, WITH

SPECIAL REFERENCE TO BASE METAL & PRECIOUS METAL is genuine and

original work carried out by Mr. PRASUN TIWARI (Reg No: 12XWCMA071)

under my guidance in partial fulfillments for the award of the Master of Business

Administration of Bangalore University. The report has not been Submitted earlier

elsewhere for the award of any degree .

Date: Mrs. REMA NARAYANSWAMY

Associate Professor

Place: BANGALORE


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DECLARATION

I, PRASUN TIWARI student of MBA IV Semester (Reg No:

12XWCMA071) do hereby declare that all the content of this

Internship report entitled A STUDY ON MCX SX 40, WITH SPECAIL

REFERENCE TO BASE METAL & PRECIOUS METAL is an outcome

of my original work done under the guidance of Mrs. REMA

NARAYANSWAMY, ASSOCIATE PROFESSOR . This report has

not been submitted to any institution or any university for the award

of any degree.

Date:

PRASUN TIWARI

Place: BANGALORE (12XWCMA071)


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ACKNOWLEDGEMENT

I sincerely thank Dr. K.C. Mishra (Director), Dr. K C JOHN (Principal)

Sambhram Academy of Management Studiesfor giving me the opportunity to

do this internship. I would like to acknowledge the able guidance of my entire

faculty for assisting me during the project with valuable guidance, I express my

profound gratitude for their expert guidance throughout this internship and for

assisting me with valuable suggestions and encouragement during the course of theinternship work.

And I also would like to acknowledge the able and expert guidance of our

esteemed Mrs. REMA NARAYANSWAMY (Associate Professor) for her

consistent guidance and support for the Endeavour and competition of my

internship work. This work is an outcome of unparallel infrastructural support that

I have received from Sambhram Academy of Management Studies.

It would never have been possible to complete this study without an untiring

support from my family. This study bears testimony to the active encouragement

and guidance of a host of friends and well- wishers whose support and blessings

this project has been the light of the day.

Date: PRASUN TIWARI

Place: BANGALORE (12XWCMA071)


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TABLE OF CONTENTS

CHAPTER

NO.

PARTICULARS PAGE No.

List of Contents

List of Tables

List of FiguresList of Graphs

1 INTRODUCTION1.1 Commodity Market - A Overview1.2 Base Metal Industry A Overview

1.3 Precious Metal IndustryA Overview

1.4 Metal Trading at MCX SX40.

1.5 Factors Influencing the Market.

1445

56

67

8

2. REVIEW OF LITERATURE & RESEARCH DEISGN

2.1 Review of Literature.2.2 Research Design -

2.2.1 Statement Of The Problem.

2.2.2 Scope of the Study.2.2.3 Objectives of the Study.

2.2.4 Hypothesis of the Study.

2.2.5 Limitations.

2.2.6 Chapter Scheme.

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1112

121213

13

14

14

3. PROFILE OF THE INDUSTRY/ COMPANY

3.1 Industry Profile -3.1.1 Base Metals

3.1.2 Reserve and Resource Position

3.1.3 Major Market Players

3.1.4 Precious Metals3.1.5 Issues of Base & Precious Metal Markets

3.1.6 Future Prospectus

3.2 Company Profile -

3.2.1 Introduction.

3.2.2 Commodity Indices3.2.3 Objectives

3.2.4 Commodity Exchange in India3.2.5 Market Participants.

3.2.6 Board of Directors3.2.7 Products

3.2.8 Clearing & Settlement3.2.9 Trends in the Industry.

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1719

192020

2021

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2425

25262627

27282830

313132


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3.2.10 Regulation of Indian Commodity Exchange 3233

4. RESULT, ANALYSIS & INTERPRETATION4.1 Data Presentation

4.2 Data Analysis & Interpretation

4.3 Comparative Data Analysis & Interpretation4.4 Acceptability of the Hypothesis

34

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55

5666

5. FINDINGS, SUGGESTION & CONCLUSION

5.1 Findings.

5.2 Suggestions

5.3 Conclusions

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69

6970

BIBLIOGRAPHY

ANEXURE


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LIST OF TABLES

Table No. Table Name Page No.

4.1 Quarterly Average Trading Price Data From 2009 - 2013 34

4.2 Statistical Tools Used For Data Analysis (Aluminium 1) 35

4.3 Statistical Tools Used For Data Analysis (Aluminium 2) 36

4.4 Statistical Tools Used For Data Analysis (Copper 1) 40

4.5 Statistical Tools Used For Data Analysis (Copper 2) 41

4.6 Statistical Tools Used For Data Analysis (Gold 1) 45

4.7 Statistical Tools Used For Data Analysis (Gold 2) 46

4.8 Statistical Tools Used For Data Analysis (Platinum 1) 50

4.9 Statistical Tools Used For Data Analysis (Platinum 2) 51

4.10 Statistical Tools Used For Data Analysis (Aluminium - Copper 1) 55

4.11 Statistical Tools Used For Data Analysis (Aluminium - Copper 2) 56

4.12 Statistical Tools Used For Data Analysis (Copper - Gold 1) 594.13 Statistical Tools Used For Data Analysis (Copper - Gold 2) 60

4.14 Statistical Tools Used For Data Analysis (Aluminium - Gold 1) 63

4.15 Statistical Tools Used For Data Analysis (Aluminium - Gold 2) 64


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LIST OF FIGURES

Figure No. Figure Name Page No.1 Spot Price Trend of Aluminium 37

2 Future Price Trend of Aluminium 37

3 Spot Price Trend of Copper 42

4 Future Price Trend of Copper 42

5 Spot Price Trend of Gold 47

6 Future Price Trend of Gold 47

7 Spot Price Trend of Platinum 52

8 Future Price Trend of Platinum 52

LIST OF CHARTS

Figure No. Chart Name Page No.

1 Normal Distribution Curve in Spot & Future Price of

Aluminium

38

2 Normal Distribution Curve in Spot & Future Price of Copper 43

3 Normal Distribution Curve in Spot & Future Price of Gold 48

4 Normal Distribution Curve in Spot & Future Price of Platinum 53

5 Normal Distribution Curve in Spot & Future Price of

Aluminium and Copper

57

6 Normal Distribution Curve in Spot & Future Price of Copper

and Gold

61

7 Normal Distribution Curve in Spot & Future Price ofAluminium and Gold

66


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BIBLIOGRAPHY

BOOKS: -

ARINDHAM BANERJEE.(2006). COMMODITY MARKET - NEW INVESTMENT AVENUES.HYDERABAD,

ANDHRA PRADESH, INDIA: THE ICFAI UNIVERSITY PRESS.

N JANARDHANA RAO. (2005). COMMODITIES MARKET " AN INTRODUCTION"(Vol. 2006).

HYDERABAD, ANDHRA PRADESH, INDIA: THE ICFAI UNIVERSITY PRESS .

S N MISHRA. (2007). COMMODITY DERIVATIVES.NEW DELHI, DELHI, INDIA: MACMILLAN INDIA LTD, BY

RAJIV BERI PUBLISHING HOUSE.

SANDIPAL LAHRI ANAND & ASHISH KUMAR. (2006). INDIAN STOCK MARKETS - "RECENT TREND".

HYDERABAD, ANDHRA PRADESH, INDIA: THE ICFAI

UNIVERSITY PRESS.

WEBSITES: -

MCX SX - 40 INDIA, M. (2014, 04 24). MCX SX - 40 . Retrieved from A MCX INDIA WEBSITE:

www.mcxindia.com

MONEY CONTROL PRICE MONEY. (n.d.). MONEY CONTROL INDIA LTD.Retrieved 05 10, 2014,

fromwww.moneycontrol.com

JOURNALS & ARTICLES: -

ANJANI K. AGRAWAL. (2013). Mining India - sustainably for growth. Indian Bureau of

Mines, 44.
http://www.mcxindia.com/http://www.mcxindia.com/http://www.moneycontrol.com/http://www.moneycontrol.com/http://www.moneycontrol.com/http://www.moneycontrol.com/http://www.mcxindia.com/


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COCHILCO Research and Policy Planning Department. (2013). Copper Market Trends

Report.NEW DELHI: Research and Policy Planning

Department.

MULTI COMMODITY EXCHANGE IN INDIA. (2011). Draft Red Herring Prospectus.

MCX METAL ARTICLE , 489.

PROSPECTS, G. E. (January 2014). Commodity Market Outlook - 2014. 41.

United Nations ConferenceRecent developments and new challenges in commodity

markets, and policy options forcommodity-based inclusive

growth andsustainable development. (2013)., 21.

NIGEL DESEBROCK. (2002). An Introduction To The Commodity Market. Grendon

International Research Pty Ltd , 194.

Sunildro L.S. Akoijam. (2012). Scope and Potential of Indian Aluminium Industry: An.

European Journal of Business and Management , 11.

SUSHMITA BOSE. (2008). Commodity Future Market In India. Icra Bullitin For Money &

Finance , 38.

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