Download or read book An Empirical Analysis of Calendar Anomalies in Stock Returns Evidence from India written by Dr. Sitaram Pandey and published by Book Rivers. This book was released on 2022-03-09 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Semi Strong Form Efficiency of Indian Stock Market in Post Reform Period written by Dr Madhuchhanda Lahiri and published by Walnut Publication. This book was released on 2021-06-26 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Efficient Market Hypothesis is an elegant edifice that provides a basis on which the efficiency tests of a stock market are performed at three distinct levels: weak - form, semi-strong form and strong - form. This magnificent edifice of EMH rests on the Random Walk Theory which contends that all price changes reflect a random departure from previous prices. The weak form of the hypothesis states that prices efficiently reflect all information contained in the past series of stock prices whereas the semi-strong form efficiency contends that security prices factor in publicly available information in the market and that the price changes to new equilibrium levels are reflections of that information. The book checks the weak-form and semi-strong form efficiency of the Indian stock market by examining the behaviour of the stock prices in the Indian stock market after the introduction of the various financial sector reforms using different methodologies. By using NSE data over the period 1998-2005 - the period which witnessed some major crises, scams, intense capital market activities and introduction of many new financial instruments - the study examines the information contents of historical stock price data, quarterly earnings announcements, and stock splits. The book also checks for the presence of the Day-of- the- Week Effect in the Indian stock market and enquires whether the introduction of the various instruments and policy changes have made the Indian stock market weak-form and semi-strong form efficient i.e., whether the efficiency of the stock market has been restored in the post-reforms period compared to the situation in the pre-reform period.

Download or read book A Study On Volatility And Co Movement Of Selected Sectoral Indices Of National Stock Exchange Of India written by Dr GangineniDhanaiah and published by Archers & Elevators Publishing House. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Development of the Nairobi Stock Exchange written by Rose Ngugi and published by . This book was released on 2003 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Emerging Financial Markets written by R. Nandagopal and published by Excel Books India. This book was released on 2007 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emerging Financial Markets' is organized into three sections namely; *) Financial Markets & Instruments, *) Behavioural Finance , *) Banking . The areas covered are Private Banking, Banking, Mutual Funds, Capital Markets, Fixed Income Securities, Behavioral Finance, Insurance, Derivatives and Risk Management. The topics covered will be of use to researchers, managers and consultants. This book will contribute significantly towards the knowledge base and research.

Download or read book Equity Markets in India written by Shveta Singh and published by Springer. This book was released on 2016-05-06 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents a comprehensive view of the Indian equity markets over the past two decades (1994-2014). Equity markets constitute the most important segment of stock exchanges; in fact, the status of equity returns is, by and large, considered as a barometer of the state of a country’s economy. Returns earned by the equity investors on their funds invested in equity markets have become a decisive factor in the growth of such markets. In this context, the book discusses all the major aspects of equity returns and also conducts a dis-aggregative analysis based on underlying factors like age, size, ownership structure, industry affiliation/sector, among others, to explain the factors affecting returns and risk. While on the one hand the study ascertains the market rates of return (earned) on equities from the investors’ perspective (by including both the capital gains and the dividend income), it also shows how to compute the rates of returns on equities from the corporate perspective (that is, rate of return earned on equity funds). It further assesses the required/expected rate of return and examines the volatility in stock returns, with a focus on its behaviour during the period of the study. It deepens investors’ understanding of equity investment, helping them to make more-informed investments. While of interest to the investor community, this book also contributes significantly to the existing literature on market returns and is a valuable reference resource for academics, researchers and market participants, financial institutions and other intermediaries, regulators and policy makers.

Download or read book Efficiency and Anomalies in Stock Markets written by Wing-Keung Wong and published by Mdpi AG. This book was released on 2022-02-17 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Efficient Market Hypothesis believes that it is impossible for an investor to outperform the market because all available information is already built into stock prices. However, some anomalies could persist in stock markets while some other anomalies could appear, disappear and re-appear again without any warning. A Special Issue on "Efficiency and Anomalies in Stock Markets" will be devoted to advancements in the theoretical development of market efficiency and anomaly in the Stock Market, as well as applications in Stock Market efficiency and anomalies.

Download or read book Artha Vij na written by and published by . This book was released on 2006 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book STOCK MARKET VOLATILITY IN INDIA A Study with reference to Equities written by Dr. A. Latha and published by Archers & Elevators Publishing House. This book was released on with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Information Efficiency and Anomalies in Asian Equity Markets written by Qaiser Munir and published by Taylor & Francis. This book was released on 2016-10-04 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The efficient market hypothesis (EMH) maintains that all relevant information is fully and immediately reflected in stock prices and that investors will obtain an equilibrium rate of return. The EMH has far reaching implications for capital allocation, stock price prediction, and the effectiveness of specific trading strategies. Equity market anomalies reflect that the market is inefficient and hence, contradicts the EMH. This book gathers both theoretical and practical perspectives, by including research issues, methodological approaches, practical case studies, uses of new policy and other points of view related to equity market efficiency to help address the future challenges facing the global equity markets and economies. Information Efficiency and Anomalies in Asian Equity Markets: Theories and evidence is an insightful resource that will be useful for students, academics and professionals alike.

Download or read book Behavioural Finance written by Singh Shuchita & Bahi Shilpa and published by Vikas Publishing House. This book was released on with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theories and concepts of behavioural finance are not widely studied. In many countries, the acceptance level of behavioural theories is quite low. However, the increasing instances of various anomalies of financial markets have forced many researchers to look closer to this modern field of finance. Behavioural Finance seeks to bring together all the concepts and theories developed by renowned international and national researchers and practitioners in financial markets. An in-depth study has been made to explain the current economic downturn and the role of behavioural finance in it. KEY FEATURES • Interviews: Latest industry views by various asset-class experts • Facts: Important factual information in boxes titled 'Do You Know?' • Abbreviations: Important and relevant abbreviated terms • Model Test Papers: For practice • Summary: Given as 'Key Learning Points' for revision

Download or read book Vikalpa written by and published by . This book was released on 2004 with total page 748 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book India s Transforming Financial Sector written by Manoranjan Sharma and published by Atlantic Publishers & Dist. This book was released on 2007 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: India Has Entered The Second Stage Of Financial Sector Development, Where Market Forces Are Helping In Resources Allocation And Efficient Price Discovery Process.The Harmonization Of Regulatory Institutions And Devising Of New Financial Architecture Is Necessary To Enhance The Resilience Of India S Financial Sector And Reduce The Fragility Of Some Financial Institutions. High Exposure In Government Securities, Government Guaranteed Loans, Improper Valuation Of Collaterals, Vulnerability To Interest Rate Cycle, Still High Level Of Npas, Unsatisfactory Corporate Governance And Disclosures, Inadequate Surveillance, Stock Market Volatility, Risk Concentration And Policy Failure Cause Concern. This Necessitates Improving Transparency And Governance, Resolving Failure In The Industrial And Financial Sector, De-Linking Government And Private Sector, Fostering Innovation, And Improving The Supervisory And Regulatory Infrastructure. Given The Debilitating Impact Of Financial Sector Crisis On The Economy, The Stability Of The Financial Sector Should Be The Goal Of The Economy. Financial Stability Can Be Strengthened By Improved Financial Infrastructure, Enhanced Competition And Restructured Segments Of Financial System.Reform Measures Enhanced Efficiency And Stability Of The Banking System In India. Indian Banks Are Well Placed Compared With Their Counterparts In Developed Countries. But There Are Persisting Issues Of Removal Of Structural Barriers To Competition, Privatisation Of Banking System, Radical Restructuring, Downsizing Of The Balance Sheet, Recapitalisation And Eventual Privatisation Of The Financial Institutions, Withdrawal Of Quantitative Credit Controls And Directed Credit And Modernisation Of The Payment System. The Inexorable Process Of Economic Reforms Must Continue To Slash Poverty And Support Sustainable Development While Strengthening Financial Institutions. This Overarching Goal Of Development Needs A Renewed Thrust On Financial Sector Reforms. The Papers Included In The Present Book Cover Large Areas, But All Coalesce Into The Central Theme Of India S Transforming Financial Sector. It Is Hoped That The Book Will Prove Useful To A Wide Cross Section Of The Reading Public, Including Scholars And Academics, The Government Executives, International Institutions, Business Communities, And Planners And Policymakers.

Download or read book Capital Market Development and Investor s Response written by Dr. Manjri Damele and published by K.K. Publications. This book was released on 2021-08-05 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indian capital market has undergone fast changes particularly since the initiation of new economic and financial reforms in the year 1992. In the Indian economy, moving in the direction of privatization, deregulation, liberalization and globalization, the role of capital and capital market can be overemphasized. A well-organized capital market is supposed to perform disciplinary, allocative and investor protective functions effectively and efficiently. This will lead to effective channelization of foreign as well as domestic capital flow for the overall economy's growth and development. However, few studies that have been done on the Indian Capital Market have left many essential issues untouched. This book in its attempt to fill this vacant empirically investigates the role of the capital market in economic development, various indicators of the development of the capital market in India, efficiency and seasonality in the capital market, volatility in the market and Investors' perception about Indian capital market, etc. The book has been divided into eight chapters. CONTENTS Preface 1. Captial MARKET 11 Functions, Perfect Capital Market, Capital Market and Economic Growth, Studies on Capital Market, Objectives of the Study 2. Capital Market Development 37 Theories of Capital Market, Indicators of Capital Market Development, Regulation & Regulatory Body, the structure of Capital Market in India 3. Research Methodology 73 Hypotheses, Indicators Selected for the Study, Period of the The study, The Sample, The Database, Statistical Tools, Methods of Investigation and Analysis 4. Capital Market Development in India 89 The trend in Capital Market, Trend in Capital Market Indicators, Composite Index of Capital Market, Development: SINDEX, Capital Market Development and Economic Growth, Weak Form Efficiency, Day of the Week , Effect & Monthly Effect 5. MP Stock Exchange 155 MP Stock Exchange, Management of Stock Exchange, Members, Growths and Turnover on MP Stock Exchange, Annual Report of MP Stock Exchange 6. Investors’ Response to Capital Market 171 Empirical Evidences on Sample Investors, Empirical Evidence on Investors, Investments & Trading Activities, The Changing Patterns of Investment & Trading Preferences, Investors' Share Portfolio Practices 7. SEBI & Investors' Response 201 Surveillance By SEBI, Investigation by SEBI, Investors Perceptions about the regulation of Capital Market in India, Major Policy Initiatives and Developments in the Capital Market 8. Contemporary Relevance & Suggestions 229

Download or read book Advances in Management Research written by Debasis Chanda and published by Taylor & Francis. This book was released on 2023-02-16 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of the present edited book ‘Advances in Management Research: Emerging Challenges and Trends’ is to provide a wide range of paradigmatic and theoretical substantive research articles in management research.

Download or read book Momentum Trading on the Indian Stock Market written by Gagari Chakrabarti and published by Springer Science & Business Media. This book was released on 2013-03-27 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is an exploration of the Indian stock market, focusing on the possible presence of momentum trading. One thing, however, should be noted. While it is true that momentum trading, which tends to generate speculative bubbles, may result in a financial market crash, its nature in contrast might depend on the nature of the economy itself. The study, while exploring the presence and nature of momentum trading on the Indian stock market in recent years, seeks to relate it to significant structural breaks in the Indian or global economy. To be precise, it outlines a potential correlation between the instability in the stock market and the speculative trading on the market, exploring the question of whether it is human psychology that drives financial markets. In the process, the choice of a significant structural break has been obvious: the global financial meltdown of 2007-2008 – a crisis that has often been referred to as the worst ever since the crash of 1929. While analyzing the nature of momentum trading on the Indian stock market with regard to the financial crisis of 2007-08, the study takes into account two major representatives of the market, the BSE (Bombay Stock Index) and NSE (National Stock Index), for the period 2005 to 2012. This study seeks to answer a few important questions. First of all, it tries to unveil the underlying structure of the market. In doing so, it examines the following issues: (i) What was the latent structure of the Indian stock market leading up to the crisis of 2007-08? Does the structure offer insights into designing profitable trading strategies? (ii) Is it possible to construct a profitable portfolio on the Indian stock market? (iii) Is there any profitable trading strategy on the Indian stock market? While exploring these issues, the study delves deeper, breaking the whole period down into two sub-periods, before the crisis of 2008 and after the crisis. The purpose of this division is to determine whether there has been any discernible change in the market structure since the shock.

Download or read book Forecasting Financial Markets in India written by Rudra Prakash Pradhan and published by Allied Publishers. This book was released on 2009 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers presented at the Forecasting Financial Markets in India, held at Kharagpur during 29-31 December 2008.