This study empirically reexamines the impact of stock market development on economic growth using data on twenty-seven emerging market economies over the period 1995-2012. We use market capitalization, trade value and turnover ratio as indicators of stock market development. Also, we construct...

This study examines the dynamic interaction among institutional investment (FII and Mutual Funds) and the stock market returns for India in a three factor vector autoregression (VAR) framework. The data set used in this study are in daily frequency spanning from 1st Jan 2002 to 31st July 2012...

The aim of the paper is to explore the Indian derivatives market and show that why options are most important for the risk management and volatility estimate. The study demonstrated that investor prefer more options than the futures in hedging strategies. The inverse relation between Nifty index...

The objective of this article is to investigate the volatility asymmetry, volatility-volume relationship by considering trading volume as a mixing variable, and the risk-return relationship in the Indian stock market. Daily data from January 2, 1997 to May 30, 2013 for S&P CNX Nifty are used for...

The measure of variability that is based on past prices that conforms to the present variability has been conceptualized as volatility in financial market. Thus, volatility as a concept can be treated as synonymous with variability in general or variance in particular. In this paper an attempt...