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Stock price behaviour in India since liberalization / H.K. Pradhan and Lakshmi S. Narasimhan.
- Format:
- Book
- Government document
- Author/Creator:
- Pradhan, H.K..
- Language:
- English
- Subjects (All):
- Economic and Social Development.
- India.
- Local Subjects:
- Economic and Social Development.
- India.
- Physical Description:
- 1 online resource (24 pages)
- Contained In:
- Asia-Pacific Development Journal Vol. 9, no. 2, p. 83-106 9:2<83 24119873
- Place of Publication:
- New York : United Nations, 2003.
- System Details:
- text file
- Summary:
- The study investigates the behaviour of Indian stock price indices for the 12-year period 1990-2001. This period coincides with major changes in the Indian capital market and the opening up of the Indian economy. The stock market witnessed unprecedented swings and volatility during this period, which have had severe repercussions for investors, both individual and institutional. The study also explores other important issues facing the Indian stock market such as return volatility, including its time varying pattern, tests of market, efficiency, impact of foreign capital inflows on the volatility of the indices and correlation of Indian indices with those of some Asian and developed country markets.
- Access Restriction:
- Restricted for use by site license.
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