Analysis of cointegration on Indian Stock Market with global markets
SRIVASTAVA, AMAN
Analysis of cointegration on Indian Stock Market with global markets - 2012 - 513-530
The aim was to ascertain whether the Indian stock market is integrated with three Asian markets, namlely Hong Kong, Singapore and Japan and the four other global markets of the USA, UK, Germany andFrance, perceived to be driving Indian stock prices. Based on monthly data series from April 1992 to March 2009 both long run relationships and the short run dynamics operating between the seven markets under the global economic and financial system were stuided. the findings of the study suggest that Indian stock markets are very muchintegrated with other global markets in short run but less integrated in long run.
GLOBAL MARKET
332.6322
Analysis of cointegration on Indian Stock Market with global markets - 2012 - 513-530
The aim was to ascertain whether the Indian stock market is integrated with three Asian markets, namlely Hong Kong, Singapore and Japan and the four other global markets of the USA, UK, Germany andFrance, perceived to be driving Indian stock prices. Based on monthly data series from April 1992 to March 2009 both long run relationships and the short run dynamics operating between the seven markets under the global economic and financial system were stuided. the findings of the study suggest that Indian stock markets are very muchintegrated with other global markets in short run but less integrated in long run.
GLOBAL MARKET
332.6322