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PERFORMANCE OF MOMENTUM STRATEGY WHEN BENCHMARK INDEX FALLEN BY MORE THAN 15% IN 12 MONTHS

PERFORMANCE OF MOMENTUM STRATEGY WHEN BENCHMARK INDEX FALLEN BY MORE THAN 15% IN 12 MONTHS
 By VAISSHNAVI GUNDREDDY(1st year MBA, VIT BUSINESS SCHOOL)         NITHIN BHARGAV(1st year MBA,VIT BUSINESS SCHOOL)
“Our focus of the study in this research is the performance of momentum strategy when the index for NIFTY 50 has fallen by 15% or more” - this  is in continuation with the Paper1 (performance of momentum strategy for Nifty 100 stocks for period 2011 to 2019).  Whenever the index has fallen by more than 15% in 12 months(1year) at any point of time in history(since 2010), we will follow with the below hypothesis: Hypothesis 1- Testing the performance of stocks with high positive momentum by going long for next 6 months Hypothesis 2- Testing the performance of stocks with high momentum on the downward or negative side by going short for next 6 months Methodology: In Hypothesis 1:  Test on long portfolio was done. Long portfolio is the group with the higher positive momentum, it is formed ba…
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UPI: A GLOBAL PAYMENT PLATFORM

UPI: A GLOBAL PAYMENT PLATFORM
SANCHIT GAIKWAD1, VIVEK MANDAL2, GLEN PAUL3, VAIBHAVI JAWALE4
119MBA0021, 219MBA0102, 319MBA0023, 419MBA0099, VIT BUSINESS SCHOOL, VIT UNIVERSITY, VELLORE, TN. 632014

ABSTRACT
The pace at which global interactions and transactions are taking place, efficient cross border payment is the need of the hour. Cross border payments are transactions made by individuals, companies or banking institutions where the payee and the recipient are based in different countries. To optimize commerce, develop and strength the ties between nations and to carry out smooth international payments, cross border payments are very crucial. Technology advancement in the area of Blockchain and Distributed Ledger technology, have shown lot of promises to bring a transformational approach to cross border payments. Both new age FinTech firms, like Ripple and incumbent banks like Global Banking leader JP Morgan Chase, have adopted DLT technologies to solve the current challenges in the Cr…