Perception of Investors towards Indian Commodity Derivative Market with Inferential Analysis in Chennai City
Keywords:
CDM, ANOVA, DMRT, Correlation, RegressionAbstract
This study is an attempt to find out the perception of investors towards the Commodity Derivatives Market (CDM) with special reference to Chennai City in India. In this research work, the researcher has tried to find out the expectations of investors and awareness among them about Indian Commodity Derivatives Market, their investment options, Commodity Exchange Preferences, Spot and Future Market Factors, Suggestions to strengthen the scope of the Commodity Derivatives Market, Chennai investors awareness about the Commodity Derivatives Market and various operating nuances being practised in Commodity and Commodity Derivatives Market in India. This Research study is of Descriptive Research Design, wherein data are collected both from Primary Sources as well as Secondary Sources. The Primary data are collected from the Specific Sample Groups with the help of well-constructed questionnaires through direct contact and also telephonic interviews and stratified random sampling technique has been applied to find out the exact sample size. Population for the study is Commodity Derivatives Market investors in Chennai City during the study period 2011 - 2015. Inferential Statistics in which Analysis of Variance, Duncan Multiple Range Test, Chi-square test, Friedman test, Pearson Correlation test, Regression Analysis, Structural Equation Modelling elsewhere used in this study to prove various hypotheses related to expectations, awareness, investment patterns, spot and future market factors, perceived suggestions of investors of Chennai City. It was finally tried to find out whether the factors related to expectations, awareness, pattern of investment, spot and future market factors, suggestions to strengthen the scope of the Indian Commodity Derivatives Market have some influence over investors perception or not. The findings of this research work have come out with some constructive suggestions after having gone through proper data analysis. To mention a few, the background of the promoters needs to be scrutinized properly that would minimize a lot of problems associated with Commodity Exchanges/Commodity Derivatives Market in India. To conclude, necessary steps are to be implemented towards the suggestions recommended them, there are plenty of scopes for improving the perception level of investors towards Indian Commodity Derivatives Market in Chennai City.
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