Misra, Arun Kumar; Mohapatra, Sabyasachi - In: Margin: The Journal of Applied Economic Research 9 (2015) 2, pp. 157-178
growth-based strategies. To confirm this, this article makes an attempt to construct a Momentum Index for the Indian equity … market. The CNX NIFTY 50 Momentum Index is designed by calculating the volatility and volume-adjusted Momentum Index for each … security in the CNX NIFTY 50 Parent Index. The estimated Momentum Index returns are compared with the CNX NIFTY 50 Index in …