The paper investigates the existence of speculative bubbles in the Indian stock market using both monthly and weekly returns for the period 1990-2007. Further, a year-by-year analysis using weekly returns was also carried out to test for the existence of bubbles in each individual year. The...

In a free capital mobile world with increased volatility, the need for an optimal hedge ratio and its effectiveness is warranted to design a better hedging strategy with future contracts. This study analyses four competing time series econometric models with daily data on NSE Stock Index Futures...

Interest in the uncertainties prevailing at the macroeconomic level has always been well known in economic literature. This article analyses the effect of firm level and macroeconomic uncertainty on the decisions of Indian firms with regard to their optimal cash holdings. Using a dynamic panel...