APROJECT REPORT

ON

‘’COMMODITY MARKET TREND IN INDIA’’FOR

‘’DEVASHISH SECURITIES PVT. LTD.’’(VYARA)

Submitted toTHE MANDVI EDUCATION SOCIETY

UNDER THE GUIDANCE OF

FACULTY GUIDE COMPANY GUIDE Mrs. Priyanka Desai Mr. Anil shah (Asst.Professor) (Branch Manager)

SUBMITTED BY(ANKIT MISHRA)

ENROLLMENT NO.: (148120592043)

M.B.A- 3rd Semester

INDEX

Industry Profile Company Profile Literature Review Objective of the Study Research Methodology Data analysis Finding Conclusion Bibliography

COMMODITIES MARKET

• Commodities can be traded on either spot markets, or in the form of futures.

• Commodity market an exchange for buying and selling commodities for future delivery

INDUSTRY PROFILE• Two major commodities exchange in India -mcx (multi commodity exchange) - ncdex (national commodities & derivatives exchange

• MCX offer more then then 40 commodities across various segment such as bullion, ferrous and non-ferrous metals ,energy, and a number of agriculture - commodities on its platform

COMPANY PROFILE• During June 1996, Started as Devashish Investment, a family

firm with partners Krishankant Desai and his son Ashish Desai as partners. Senior Partner Krishnakant Desai has long experience as Accountant in Bardoli Sugar Factory

• Devashish Securities Pvt. Ltd Is a recognized sub-broker of SEBI. Kisan Ratilal Choksey, Bombay based Share Brokers. started other departments – Mutual Fund – Insurance Company Deposits etc.

ORGANIZATION CHART

Ankit mishra 6

Mr. Krishnakant Desai(Board of director)

Mr. Ashish K. Desai(CEO & MD)

Mrs. Nikisha Surti(Personnel

Department)

Mr Hitesh Panchal(Finance

Department)

Mr. Mayur Panchal(System and operation

department)

Mrs. Nehal Naik(Marketing

Department)

Mr. Viral Naik(Research and Development)

Mr. Dharmesh Tailor(Product and Dealing

department)

LITERATURE REVIEW Name of author Year Particulars

Vidyaniketan Journal of Management and Research

December- 2013 Background - Commodity market impact on Indian investment sector

Objective-analyse the factors mainly affect on success of Commodity Market in India.

Conclusion - Commodity derivative market are not developed as compare to Capital market. Investors are not understood about Commodity market, it is also one of the barrier for development of Commodity Derivative market in India

Name of author Year Particular

Sanjay Tiwari&

Komal Gupta

2009 December Background- A volatility analysis of these three precious metal commodity gold, silver, copper

Objective-To study the growth of commodity derivatives in India during last threeyears (i.e. from 1st March 2006 to 28thFeb, 2009.

CONCLUTION-gold is less volatile in all three contract in comparison of silver and copper. Copper is more volatile in comparison of gold and silver

Name of author Year Particular

Mukherjee, Dr Kedar Nath 2011 Background-Impact of Futures Trading on Indian Agricultural Commodity Market

Objective-To indentify the impact of futures trading on the agricultural commodity market in India.

conclusion-The conclusion show that the comparative advantage enjoyed by the futures market in disseminating information, leading to an accurate price discovery and risk management, can help in successfully developing the underlying commodity market in India

RESEARCH METHODOLOGY:- Problem Statement:- To understand the commodity market trends in India. Object of Study:- Primary Objective:- To know the trends of the commodity market in India with of

some specific commodities Secondary Objectives:-1) To know the seasonal impact on gold.2) To know the seasonal impact on silver.3) To know the seasonal impact on crude oil. 4) To know the seasonal impact on copper.

Research Design:- Descriptive design has been used in this research.

Source Data:- Secondary data has been used in this research.

Sample Size:- Four commodity

Sampling Method:- The non-probability sampling technique is suitable and

judgment sampling is applicable here.

Trend and return in gold

Jan/1

0

Apr/10Jul/1

0Oct/

10Jan

/11

Apr/11Jul/1

1Oct/

11Jan

/12

Apr/12Jul/1

2Oct/

12Jan

/13

Apr/13Jul/1

3Oct/

13Jan

/14

Apr/14Jul/1

4Oct/

14Jan

/15

Apr/15Jul/1

50

10000

20000

30000

40000

50000

60000

70000

trend

trend

Months

Tren

d in

gol

d

Jan/1

0

Apr/10Jul/1

0Oct/

10Jan

/11

Apr/11Jul/1

1Oct/

11Jan

/12

Apr/12Jul/1

2Oct/

12Jan

/13

Apr/13Jul/1

3Oct/

13Jan

/14

Apr/14Jul/1

4Oct/

14Jan

/15

Apr/15Jul/1

5

-10

-5

0

5

10

15

20

return in %

return in %

months

perc

enta

ges

Seasonal index in gold

1 2 3 4 5 6 7 8 9 10 11 12

-0.4

-0.2

0

0.2

0.4

0.6

0.8

1

seasonal index

seasonal index

months

Retu

rn in

per

cent

age

Trend and return in silver

Jan/1

0

Mar/10

May/10

Jul/10

Sep/10

Nov/10Jan

/11

Mar/11

May/11

Jul/11

Sep/11

Nov/11Jan

/12

Mar/12

May/12

Jul/12

Sep/12

Nov/12Jan

/13

Mar/13

May/13

Jul/13

Sep/13

Nov/13Jan

/14

Mar/14

May/14

Jul/14

Sep/14

Nov/14Jan

/15

Mar/15

May/15

Jul/15

0

200

400

600

800

1000

1200

trend

trend

months

tren

d in

silv

er

Jan/1

0

Mar/10

May/10

Jul/10

Sep/10

Nov/10Jan

/11

Mar/11

May/11

Jul/11

Sep/11

Nov/11Jan

/12

Mar/12

May/12

Jul/12

Sep/12

Nov/12Jan

/13

Mar/13

May/13

Jul/13

Sep/13

Nov/13Jan

/14

Mar/14

May/14

Jul/14

Sep/14

Nov/14Jan

/15

Mar/15

May/15

Jul/15

-20-15-10

-505

101520

retun in %

retun in %

months

perc

enta

ge

Seasonal index in silver

1 2 3 4 5 6 7 8 9 10 11 12

-0.8

-0.6

-0.4

-0.2

0

0.2

0.4

0.6

0.8

1

seasonal index

seasonal index

months

perc

enta

ge

Trend and return in copper

Jan/1

0

Mar/10

May/10

Jul/10

Sep/10

Nov/10Jan

/11

Mar/11

May/11

Jul/11

Sep/11

Nov/11Jan

/12

Mar/12

May/12

Jul/12

Sep/12

Nov/12Jan

/13

Mar/13

May/13

Jul/13

Sep/13

Nov/13Jan

/14

Mar/14

May/14

Jul/14

Sep/14

Nov/14Jan

/15

Mar/15

May/15

Jul/15

0

200

400

600

800

1000

1200

trend

trend

months

tren

d in

silv

er

Jan/1

0

Mar/10

May/10

Jul/10

Sep/10

Nov/10Jan

/11

Mar/11

May/11

Jul/11

Sep/11

Nov/11Jan

/12

Mar/12

May/12

Jul/12

Sep/12

Nov/12Jan

/13

Mar/13

May/13

Jul/13

Sep/13

Nov/13Jan

/14

Mar/14

May/14

Jul/14

Sep/14

Nov/14Jan

/15

Mar/15

May/15

Jul/15

-20

-15

-10

-5

0

5

10

15

20

return in %

return in %

months

perc

enta

ge

Seasonal index in copper

1 2 3 4 5 6 7 8 9 10 11 12

-0.8

-0.6

-0.4

-0.2

0

0.2

0.4

0.6

0.8

1

seasonal index

seasonal index

months

perc

enta

ge

Trend and return in crude oil

Jan/1

0

Mar/10

May/10

Jul/10

Sep/10

Nov/10Jan

/11

Mar/11

May/11

Jul/11

Sep/11

Nov/11Jan

/12

Mar/12

May/12

Jul/12

Sep/12

Nov/12Jan

/13

Mar/13

May/13

Jul/13

Sep/13

Nov/13Jan

/14

Mar/14

May/14

Jul/14

Sep/14

Nov/14Jan

/15

Mar/15

May/15

Jul/15

02000400060008000

10000120001400016000

trend

trend

months

tren

d in

crud

e oi

l

Jan/1

0

Mar/10

May/10

Jul/10

Sep/10

Nov/10Jan

/11

Mar/11

May/11

Jul/11

Sep/11

Nov/11Jan

/12

Mar/12

May/12

Jul/12

Sep/12

Nov/12Jan

/13

Mar/13

May/13

Jul/13

Sep/13

Nov/13Jan

/14

Mar/14

May/14

Jul/14

Sep/14

Nov/14Jan

/15

Mar/15

May/15

Jul/15

-30

-20

-10

0

10

20

30

return

return

months

perc

enta

ge

Seasonal index in crude oil

1 2 3 4 5 6 7 8 9 10 11 12

-1.5

-1

-0.5

0

0.5

1

1.5

2

seasonal index

seasonal index

months

perc

enta

ge

FINDINGS

• The chart on seasonal index for the gold,silver,copper, crude oil to there every 6 year average in 2010 to 2015 for the January to December.

• Seasonal index of gold on march and September months -

0.19% and -.028% decreases. But April and august months.0.25% and 0.86% in upward seasonal index.

• Seasonal index of silver on januray and september months -0.58% and 0.61%decreases. But august and December month 0.51% and 0.88% in upward seasonal index.

• Seasonal index of copper on January and September months 0.58% and 0.61% decreases. But July and December months 0.72% and 0.88% in upward seasonal index.

• Seasonal index of crude oil on may and September months -1.11% and 1.18% decreases. But February and April months 1.60% and 1.67% in upward seasonal index

-:CONCLUSION:-

• Season wise investment decision for commodity market can also be possible from the analysis so that maximize return.

• gold is less volatile in all four commodities in comparison of silver copper and crude oil. Copper is more volatile in comparison of gold and silver

• Commodities market in under high risk and high return compare to equity share market and capital market.

Bibliography

• http://www.investing.com/commodities/gold-historical-data

• http://www.investing.com/commodities/silver-historical-data

• http://www.investing.com/commodities/copper-historical-data

• http://www.investing.com/commodities/crude-oil-historical-data

• www.mcxindia.com• www.ncdex.com• http://business.mapsofindia.com/india-marke

t/commodity.html

Thank you