Publisher's Synopsis
This book is aimed to understand the dynamic inter-linkages between Indian stock exchange and the stock exchanges of developing and developed countries. If these markets are not integrated then benefits of portfolio diversification can be reaped by investors of these countries. Moreover, policy makers and regulators in these countries should not worry about any contagious effects. It includes the comparative analysis of the Indian Stock Market with other international counterparts in respect of market efficiency, return, volatility and co-integration before and after the financial crisis. This book will help to understand the functions of stock exchange and it will be helpful to the investors to know the linkages between the stock markets.
