Financial markets in India have come a long way in the past decade and half in terms of economic reforms. India has emerged as a leader in Asia in terms of financial deepening. Development has been uneven in different parts of the financial sector, ranging from a virtual reinvention of equity...

We examine the impact of the recent financial crisis on institutional trading strategies in the Indian equity markets. We find that foreign institutional investors (FIIs) act as short-term momentum traders or positive feedback traders who demand liquidity. Domestic institutional investors (DIIs)...

A financial system is akin to the circulatory system in the human body, tapping and transporting savings throughout the economy, with markets and banks being the two competing and complementary arteries. The Indian financial system that ranks slightly below the median in World Economic Forum...