Mar '2022


The IUP Journal of Financial Risk Management

ISSN: 0972-916X

A 'peer reviewed' journal indexed on Cabell's Directory, and also distributed by EBSCO and Proquest Database

It is a quarterly journal that focuses on identifying Financial risk in Capital/Debt/Forex markets and their management models; Derivatives as Price Discovery Tools and Hedging devices; Hedging techniques; Asset-liability management; Organizational culture, Risk-bearing capacity and Leadership role in management of risk. The journal provides a platform for cutting-edge research in the field of financial risk management.

Privileged access to Online edition for Subscribers.

Focus Areas
  • Identifying Financial Risk
  • Risk Management Models
  • Accounting for Derivatives
  • Risk-Hedging Techniques
  • Asset Liability Management
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Article   Price (₹) Buy
Interrelationship Between Rainfall and NSE Nifty Index: An Empirical Study
50
Gauging the Effect of Select Macroeconomic Variables on BSE 100 and Nifty 50
50
Effect of Demographics and Personality Traits on Risk Tolerance of Indian Investors
50
Russia-Ukraine War: An Opportunity Amid Crisis for Indian Investors
50
Carbon Trading in India: Growth and Future
50
       
Contents : (Mar '22)

Interrelationship Between Rainfall and NSE Nifty Index: An Empirical Study
Dileep N and G Kotreshwar

Many studies have analyzed the interrelationship between weather and stock markets across the world, but few have studied it in the Indian context. This paper attempts to determine whether there exists a relationship between average rainfall and the NSE Nifty index. The study uses the monthly mean rainfall data collected by the Indian Meteorological Department (IMD) and monthly closing price of Nifty 50. To analyze the interrelationship, the study applies Augmented Dickey-Fuller (ADF) test, correlation analysis, GARCH(1,1) model, and Granger causality test. The results of correlation matrix show that there is no interrelationship between the two variables. The GARCH(1,1) model found that the NSE Nifty index is not affected by the mean rainfall, and Granger causality test displays no causal relationship.


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Article Price : ? 50

Gauging the Effect of Select Macroeconomic Variables on BSE 100 and Nifty 50
Seema Rathee and Deepanshi Aggarwal

The stock market has now become a vital and inseparable part of the economy. It is a touchstone that helps in gauging the nation's economic health. As macro variables play a significant role, this study contemplates their impact on stock market prices of both BSE 100 and Nifty 50. The research relies solely on secondary information. Pearson correlation coefficient and multiple regression were applied to evaluate the data for the period 2011 to 2020. The study considers GDP as the dominant independent variable of both BSE 100 and Nifty 50 with R2 values of 85.1% and 83.6%, respectively. However, the GDP is an important factor for both the dependent variables; nevertheless, its influence on BSE 100 has been more than Nifty 50, and the combined impact of both independent variables exposed more influence on NSE (R2 = 96.5%) than BSE 100. In addition to this, the results show that if both the independent variables are kept constant there are further elements that impact BSE 100 and Nifty 50.


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Article Price : ? 50

Effect of Demographics and Personality Traits on Risk Tolerance of Indian Investors
Deepali Malhotra

This paper aims to test the influence of demographical factors and personality traits on the risk tolerance level of Indian investors. To fulfill the objective, a survey was conducted and multinomial logit model technique was applied to the data gathered from 620 respondents to test the effect of several factors on the risk tolerance level of Indian investors. The results exhibit that most Indian investors have a high preference for risk but are poles apart in terms of gender. Further, the findings reveal age as a significant factor, wherein young respondents are more risk-prone and have a greater risk tolerance level in contrast to their older counterparts. Regarding educational qualifications, it transpired that there is no significant relationship between respondents' educational qualifications and risk tolerance level. Moreover, individual investors become less risk-averse with increasing income. Lastly, the study concluded that some of the personality traits have a significant influence on respondents' risk-tolerance level.


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Article Price : ? 50

Russia-Ukraine War: An Opportunity Amid Crisis for Indian Investors
Subhajit Chakraborty and Pritha Sarkar

The paper attempts to examine the gray areas of Indian stock market in the light of the complexities arising on account of the Russia-Ukraine war. It has been a while since the actual war began, and the Indian economy and stock bourses are still facing severe repercussions in trading activities. The conflict between the two nations has affected the economy, as the Indian capital market, along with its indexes, viz., Sensex and Nifty, finds itself in the red. The equity markets are facing a downturn of 7%, extending to an amount of more than 13 lakh cr, which means serious trouble. The paper attempts to demonstrate the impact of the ongoing crisis on the investments and returns of investors. It also focuses on how the domestic stock bourse can tackle the upcoming challenges and on investor behavior.


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Article Price : ? 50

Carbon Trading in India: Growth and Future
Sachita Yadav

The 1992 Kyoto Protocol, an international treaty under the United Nations Framework Convention on Climate Change (UNFCCC), focuses on controlling carbon emissions. There are three mechanisms in Kyoto Protocol:


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Article Price : ? 50