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Deepak, R.
- Security Returns Spectrum-An Analysis of Seasonality and Sensitivity of Indian Stock Markets
Abstract Views :144 |
PDF Views:73
Authors
Affiliations
1 Manipal University, IN
1 Manipal University, IN
Source
DHARANA - Bhavan's International Journal of Business, Vol 9, No 1 (2015), Pagination: 56-71Abstract
Calendar anomalies have been found to be prevalent in major markets throughout the world. The thesis extends the existing literature on calendar anomalies by considering indices (broad and sectoral) over a longer time frame. The specific comparisons between multiple indices helped retest the conclusions on several calendar anomalies examined previously in other countries but not analyzed in Indian Stock markets to reach conclusion with few confounding factors. The results were modelled using econometric models to handle the issues of normality in the univariate time series analysis. The results obtained show 360 degree causal relationship, interlinking one calendar anomaly results with other anomalies more so in the recent times. The results obtained also show calendar anomalies converging with patterns observed across major global economies.Keywords
Seasonality, Anomalies, Econometric Models and Indices.Full Text
- Impact of Economic Reforms on Stock Market Behaviour:A Short-Term Perspective
Abstract Views :158 |
PDF Views:78
Authors
R. Deepak
1,
M. R. Shollapur
2
Affiliations
1 M.P. Birla Institute of Management, Bengaluru, IN
2 Department of Management, Siddaganga Institute of Technology, Tumkur, IN
1 M.P. Birla Institute of Management, Bengaluru, IN
2 Department of Management, Siddaganga Institute of Technology, Tumkur, IN
Source
DHARANA - Bhavan's International Journal of Business, Vol 9, No 2 (2015), Pagination: 3-16Abstract
In 2012, the world economy is still showing signs of recovery and moderate growth in its performance. But amidst this, Indian security markets though seemed to be affected by recession, have shown no signs of remorse and have been seen to reach new heights. Between September 3rd - October 4th, Indian stock market indices showed phenomenal Bull Run breaching new heights. Majority of the analysts attribute this uptrend to the recent economic reforms announced by the union government and the steps taken by the RBI following the announcements. This study examines the impact of these announcements on the Indian stock markets. Twelve major indices of Indian stock markets listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) and eight retail sector companies were considered for the study. The study concludes that the Indian stock markets are semi strong efficient and impact of economic reforms and the measures by RBI were found to be not factored in the prices of these indices in the short run.Keywords
Economic Reforms, Liberalization, Recession.Full Text
References
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- E.T. Bureau Nov 3, 2012 market will hit a good peak….” Morning Star Investment Conference in Mumbai on 01.11.2012
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- WEBLIOGRAPHY
- Sanjeev Bhasin, “Decoding Macro Data: What economic numbers means to us”, http://profit.
- ndtv.com/news/economy/article-decoding-macrodatawhat-economic-numbers-mean-to-us-310563 retrieved on September 10th, 2012.
- h t t p : / /www.mo n e y c o n t r o l . c om/ s t o c k s / marketstats/fii_dii_activity/index.php retrieved on October 6, 2012.
- http://businesstoday.intoday.in/story/dieselpricehike-makes-rbi-pump-in-rs-17000-cr-intomarket/ 1/188151.html retrieved on September 17th, 2012.
- http://articles.economictimes.indiatimes. com/2012-10-04/news/34260476_1_pensionsectorinsurance-sector-pension-regulator retrieved on October 4th, 2012.
- http://profit.ndtv.com/news/market/article-sensexhits19-000-on-hopes-of-new-reforms-311641 retrieved on October 4th, 2012.
- Understanding Emerging Markets Building Business B R I C
Abstract Views :162 |
PDF Views:71
Authors
Affiliations
1 Bhavan-Marshall MBA Programme, Bangalore, IN
1 Bhavan-Marshall MBA Programme, Bangalore, IN
Source
DHARANA - Bhavan's International Journal of Business, Vol 2, No 1 (2008), Pagination: 40-40Abstract
World has really found its axis at the right point and now is the time to frame and understand the rules of governance. It is now the time to revisit the places that were once in the lime light for their power, intelligence, and much significantly for their tradition and rich culture.Full Text