India (7th position globally in terms of total area) owing to its wide geography, varied nature of land ownership and legal complexity of the ownership right transfer, the housing price data were not available with a single central repository. In 2007 (after 60 years of independence), India...

The dynamics of integration is studied in two time frames: short-term and long-term. The focus of this paper is to evaluate the short-term integration dynamics of stock exchanges of India (Bombay Stock Exchange – BSE) and China (Shanghai Stock Exchange – SSE) with US (S&P500) and Europe...

A Financial markets around the world have seen a high degree of volatility in last 5 years and hence, after recent financial crisis in USA, followed by debt crisis in Europe have forced academicians and portfolio managers to re-evaluate the degree of integration between different financial...

Equity has always remained an instrument of long term wealth creation. India being a developing nation with low average age group and rising per capita income; investment in equity may provide a significant wealth creation opportunity provided equity risk premium (ERP) is significant enough. ERP...

The recent financial crisis in US and then debt crisis in Europe has impacted the economic performance of the world in general and financial performance in particular. These recent events have created a lot of volatility in the financial markets including currency markets. The volatility...

There is no dearth of research in the area of Optimal Hedge Ratio estimation. The general consent goes towards use of Multivariate Generalized Autoregressive Conditionally Heteroscedastic (MGARCH) model because of superior outcomes having low portfolio volatilities over other models (like: OLS...

The recent financial crisis in US and then debt crisis in Europe have impacted the economical performance of world in general and financial performance in particular. With increase in globalization and cross-border trade, dependency of one economy increases on other economies. Portfolio...

This paper investigates empirically the determinants of firm value creation. For this, 16 companies of four sectors namely Metal, Fast Moving Consumer Goods (FMCG), Information Technology (IT) and Automobile industry listed on Bombay Stock Exchange (BSE) from 2002 to 2011 were identified on the...

In developed financial markets, there is no dearth of literature on relationship between spot and future market. India, in the year 2000 introduced derivative market to provide risk mitigation mechanism to market participants. The present study concluded that there is no short-run relationship...