Amity University Jharkhand organized a webinar on Commodity Derivatives
Ranchi, 8th February 2022
Industry Interaction Placement Cell, Amity University Jharkhand organized a corporate webinar based on the theme Commodity Derivatives on 8th February 2022. The aim of the event was to provide students a glimpse of commodity eco-system and spread awareness of what future holds for them in commodity derivatives and how to prepare for the opportunities.
The beginning of the event was marked by welcome the address by Prof. Dr. Raman Kumar Jha, Vice-Chancellor, Amity University Jharkhand who motivated the students by quoting, “We will show the path, but it is you who has to walk.” Prof. Dr. Ajit kumar Pandey, Director, and Shri Prabhakar Tripathi, Registrar, Amity University Jharkhand conveyed their blessings and praised the team for organising the event.
The keynote speaker for the event was Mr.Vinit Singh Kaler, Sr. Manager, Multi Commodity Exchange of India Ltd. Having core focus on the commodity derivatives, he talked about the developments going in financial market. He also explained how commodities have negative co- relation with forex market, and impact of dollar pricing on demand and supply chain. He said, “Until now Indian market is dominated by equities, but in next 20 years commodity will rule Indian markets.”
In support of his ideas he showed the live commodity market trading and explained the parameters on which trading takes place and quoted, “One should study all aspects of market to excel.”
Further the event was addressed by Mr. Tamal Bhattacharya, Assistant Professor, Amity University Jharkhand who said, “This event was organized to make students learn about future opportunities in commodity”. The event ended with the vote of thanks.