: This study looks at the impact of derivatives listings on returns of the underlying assets. Employing event study methodology, the study finds significant and positive abnormal returns around futures and options listing announcement dates in the National Stock Exchange (NSE). The results show...

: This study investigates the relationship between nominal and real effective exchange rates. Both short run and long run relationships between the two are examined by employing Autoregressive Distributed Lag (ARDL) bounds testing approach to cointegration. The results of the study reveal that...

: This paper discusses in some detail various existing approaches of measuring core inflation, evaluating their potential advantages and disadvantages. Then a variety of measures of core inflation for India based on three methods are constructed. Among these measures, three are based on...

The National Stock Exchange (NSE) of India was ranked the first in terms of trading of individual stock futures in the year 2007. Financial derivatives like stock futures have always been accused of causing instability in the spot market. This paper investigates the effects of individual stock...

: This paper empirically investigates the behavior of stock returns of two premier stock markets in India, namely, the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Specifically, the paper seeks to examine whether the security returns in these two markets follow random walk...