• Login
• Admin

Sahani, Rishi (2009) Market Efficiency in Indian Stock Market. [Dissertation (University of Nottingham only)] (Unpublished)

PDF - Registered users only - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader Download (648kB)

Abstract

In this era, efficient market hypothesis has become a very important theory for all the investors who wish to hold or plan to have an international diversified portfolio. As today, all the world economies and markets are globally getting connected, and investors have all the opportunities to invest internationally, so the understanding of market efficiency concept is gaining greater importance for all kinds of investors. In this research I have test the weak form hypothesis and random walk hypothesis for two largest equity markets in India: Bombay stock exchange (BSE) and National stock exchange (NSE). The period of observation in the study is from 2005 to 2008. The results of the tests performed suggest, that the price index do follow random walk model and there is a strong evidence of market accepting weak form efficiency in Indian stock market.

Item Type:	Dissertation (University of Nottingham only)
Depositing User:	EP, Services
Date Deposited:	10 Aug 2011 07:53
Last Modified:	16 Feb 2018 04:07
URI:	https://eprints.nottingham.ac.uk/id/eprint/23403

Actions (Archive Staff Only)

Edit View