Aggregating rupee Greeks

Use the Nifty-factor totals of 14.15 Step 1: ₹ delta 58,374 per 1%, ₹ gamma −10,009 per (1%)², ₹ vega −6,804 per volatility point. (a) Estimate the P&L of instantaneous Nifty moves of −5% and −10% from delta and gamma alone. (b) Add a +10-point volatility shock to the −10% case. (c) How many Nifty futures lots (65 units at 24,588) must be sold to make the factor ₹ delta zero? Is the book then hedged against S2 of 14.15? Explain.