NEW DELHI: Taking a cue from the recent stock market boom and also the growing awareness among laymen towards investing, Delhi University and National Commodity and Derivatives Exchange Ltd. have decided to jointly set up a NCDEX-DFS Centre of Commodity Markets and Derivatives Research.  

This newly formed research centre will be housed in the Department of Financial Studies (DFS) in the South Campus area of the Delhi University. The primary focus of the centre will be to undertake research, educate, build awareness and deepen understanding in the area of commodity and derivatives. 

Further to it main focus, the research centre is expected to create and act as a platform for collaboration among academia, practitioners, policy-makers, industry and other stakeholders. 

An agreement to this effect was signed last week between Delhi University’s Registrar A. K. Dubey and Sanjay Kaul Director and Chief Executive Officer of NCDEX Institute of Commodity Markets and Research in the presence of Vice-Chancellor Deepak Pental and NCDEX Managing Director and Chief Executive Officer P. H. Ravikumar.   

Outlining the new centre’s role, Mr. Kaul said: “Given the surging growth of commodity markets in India, awareness on these markets remains grossly below required levels. This centre will provide a direction in addressing this knowledge gap,” he said.