Recent theoretical studies (Aggarwal and Wu, 2006; Mei, Wu and Zhou, 2004) show that trade-based stock price manipulation is a possible source of the momentum effect. This paper proposes three sets of testable hypotheses and provides empirical evidence for a manipulation-based explanation of...

In the last decade, the Foreign Institutional Investor (FII) flows have increased almost twenty times and attained shares of thirteen and six percent in the National Stock Exchange and Bombay Stock Exchanges respectively in the cash segment of the Indian equity market. This raises the issue of...

The present paper endeavours to study the trading behaviour of foreign institutional investors (FIIs) and domestic institutional investors (DIIs) in Indian stock market. The study ascertains whether the purchase trade and sale trade behaviour of foreign institutional investors is different from...

Behavioral Finance can be seen as a fusion of Classical Economics and Finance with Psychology and Decision Making Sciences. The aim of present study was to explore and identify the investor's criterion while assigning weights as regards to various factors before investing, under similar...

Stock market prediction has always caught the attention of many analysts and researchers. Popular theories suggest that stock markets are essentially a random walk and it is a fool’s game to try and predict them. Predicting stock prices is a challenging problem in itself because of the number...