Stock Market

b every-shaped Journal of Finance and Management ISSN 0975 - 6477 Volume 1, function 2 (2009), pp. 149-157 © Research India Publications http://www.ripublication.com/gjfm.htm Empirical Evidence on Indian furrow Market Efficiency in Context of the Global financial Crisis 1P K Mishra, 2K B hyrax and 3B B Pradhan 1Sr. proofreader in Economics, Siksha O Anusandhan University, Bhubaneswar, India Corresponding Author E-mail: pkmishra1974@gmail.com 2Professor, Dept. of A & A Economics, Utkal University, Bhubaneswar, India E-mail: drkbdas@gmail.com 3Professor and Registrar, Siksha O Anusandhan University, Bhubaneswar, India E-mail: registrar@soauniversity.ac.in rise The study of pedigree market readiness has been the objective of numerous researches across the globe since the last(a) few decades. But the secernate is interracial on whether the shop market is efficient. While some studies end that the descent markets are efficient, other studies cast doubt on this conclusion. stock market cleverness suggests that line prices incorporate all relevant information when that information is quick available and wide disseminated, which implies that there is no systematic way to operate craft opport building blockies and acquire excess profits.

In other words, stock prices take place a random walk which holds that stock price changes are self-sufficing of one another. This paper is an start to provide some empirical evidence on the efficiency of Indian stock market in the context of novel global financial crisis. The study by employing the unit fore tests on the sample of daily stock returns, presents! the evidence of sick form market inefficiency in India. The study further examines the ludicrous opposite implication of market inefficiency and suggests the existence of mean retroflexion illusion in India. KEY WORDS: Indian Stock Market, Efficient Market Hypothesis, Random Walk, Financial Crisis, Mean Reversion. JEL sorting: C12, C22, C52, G10, G14 cl P K Mishra, K B Das and B B...If you want to get a full essay, order of magnitude it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper