3rd Annual Conference on ‘Importance of Economic Research in Capital Markets' Jointly organised by NISM and SIMSR | October 12-13, 2018

NISM in association with CEPAR, K.J Somaiya Institute of Management Studies and Research (SIMSR) conducted the 3rd Annual Conference on ‘Importance of Economic Research in Capital Markets’ during October 12-13, 2018. This time it was a 2-day event.

The objective of this Conference was to deliberate on current state as well as opportunities and challenges of macroeconomic research related to capital markets. Short-listed research paper presentations on contemporary issues related to economic and capital market were presented at the Conference.

The first day of the conference was held at NISM Campus, Patalganga and second day at SIMSR Campus, Vidyavihar, Mumbai.

Programme at NISM Campus, Patalganga (Day 01):

The major attraction of the first day was talk by experts, academicians, researchers, economists related to capital market.

Mr. Jitendra Kumar, Member of Faculty, NISM has given the Welcome address and also did compiling and summarizing throughout the programme. Dr. (Ms.) M. Thenmozhi, Director NISM has set the context of the conference and has given the future road map of NISM and also talked particularly about the areas of Research.

The Keynote address was delivered by Shri. Ananta Barua, WTM, SEBI. He discussed about current development in the areas of Capital Market in India and globally. He also flagged various areas and issues for economic research and also about the strength and challenges of Indian Capital Markets.

After his address, he released a book on proceedings, in presence of another dignitaries and participants, of last year Conference on ‘Importance of Economic Research in Capital Market’ held on September 22, 2017 at NISM Campus, Patalganga.

The areas covered by other speakers on Day 01 are as under:

Speakers Topics
Dr. Siddhartha Rajagopal, Executive Director, TEXPROCIL Issues and Concerns of Commodity Trading in Cotton in India: An agenda for research
Prof. Abhay Pethe, Distinguish Fellow, University of Mumbai Flagging some research areas in Capital Markets with a focus on Urbanization and Smart cities
Dr. J N Misra, CEO, IIBF Economic Research for Banking Indian Banking Sector
Dr. SNV Siva Kumar, Professor & ACP, SIMSR Macroeconomics research themes-some thoughts
Prof. (Dr.) Asha Prasuna, Professor & Chairperson CEPAR, SIMSR Activities of CEPAR as well as  Research collaboration between NISM and SIMSR

The participants for the programme were mix of academicians, researchers, faculty members, market participants, students, etc. The programme was concluded with Vote of Thanks by Mr. Jitendra Kumar. A certificate of Participation was given to each of the participants at the end of the programme on Day 01.

Programme at SIMSR Campus, Vidyavihar, Mumbai (Day 02):

The major attraction of the second day was a talk by Mr. Madan Sabnavis Chief Economist, CARE Rating Ltd followed by research paper presentations.

Mr. Madan Sabnavis Chief Economist, CARE Rating Ltd spoke about current macroeconomic conditions, challenges and prospects of Indian economy. He also spoke on monetary policy and inflation targeting, global factors as well as prospects and challenges of various sectors of Indian Economy.

Following selected Research papers were presented in the presence of Dr. SNV Siva Kumar, Professor & ACP, SIMSR, Prof. (Dr.) Asha Prasuna, Professor & Chairperson CEPAR, SIMSR and others.

Sl. no. Name Title
1 Mr. Girish Joshi Impact of Demonetization on small finance banks
2 Dr. Meghna Chhabra, Ms. Aakanksha Ralhan, Mr. Kunal Sapra, Mr.Minal Bhardwaj NPAs in India: An Analysis
3 Mr. Rakesh Yadav How independent (Outside) directors’ compensation structure, their frequency of meetings and concentrated ownership effects shareholder’s wealth? Evidence from Indian traded companies.
4 Ms. Shilpa Sehgal & Dr. SNV Siva Kumar Corporate Governance Practices in Indian services sector
5 VS Parthasarathy & Dr. SNV Siva Kumar M&A Strategies- Empirical Analysis of Indian Scenario
6 Mr. Bhaskar G & Dr. Asha Prasuna Central Bank Intervention and its impact on currency volatility in India
7 Dr. Bhargavi J & Ms. Vaishali P Foreign Investor flows and the Indian stock market: A causal study
8 Dr.. Shaila S & Dr. Asha Prasuna Relationship between Stock market returns and Macroeconomic Variables in China- An Empirical Analysis
9 Dr.. Sonali S & Dr.  Shaila S Awareness and Perception about the Investment in Mutual Funds
10 Ms. Vaishali P & Dr. Bhargavi J An investigative study on the impact of the macroeconomic fundamentals on the Indian stock market
11 Ms. Prema B Encouraging women on board in India: Can legislation do it alone?

The valedictory was done by Mr. Jitendra Kumar.

A Certificate of Participation as well as Certificate of Paper Presentation was given to the participants and paper presenters respectively at the end of the programme. The Conference proceedings will be published and be made available for future reference and use.

Mr. Jitendra Kumar, Member of Faculty, NISM and Prof. (Dr.) Asha Prasuna, Professor & Chairperson CEPAR, SIMSR were the Conference Coordinators.



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