PLZ SOLVE THIS. Nifty spot 1000 . Nifty today in 1 month future is 1020. Mr A has taken a long position in TISCO of Rs 10lacs. Beta of TISCO is 1.2. After 10 days TISCO has crashed by 12% and nifty by 8%. What is the profit/loss assuming he has done the required hedging? What would be the profit / loss if he has not done required hedging ?