Liquidity is one of the key ingredients of any stock market. Lack of liquidity or illiquidity is a concern to the investing community. This paper, using impact cost as a proxy to illiquidity, addresses a few key areas of stock market illiquidity of the National Stock Exchange (NSE) of India....

This paper attempts to empirically study the relationship between Index of Industrial Production, Consumer Price Index, Exchange Rate of Indian Rupee against the US Dollar, Gold price and Money Supply with the Stock Market Liquidity. Using two widely used proxies to liquidity that is Turnover...