The present study examines the arbitrage efficiency of the Indian equity futures market over the sample period June 2000 to December 2005. The results suggest that although stable and strong long-run relationship exists between futures and cash markets but futures show significant deviations...

This paper examines the impact of lock-in period expiration on share prices and stock volume using closing prices and volume of BSE index for the period of 21 and 11 days around the event. The sample consists of one sixty five events of lock-in period expiration during seven year period i.e....

This paper examines the performance of 648 initial public offerings (IPOs) listed on the Bombay Stock Exchange (BSE) from June 1992 to March 2002 over a five-year period. Voluminous research across the world suggests that IPOs unanimously witness very high returns in the short run; as opposed to...