Misra, Arun Kumar; Mohapatra, Sabyasachi - In: Margin: The Journal of Applied Economic Research 9 (2015) 2, pp. 157-178
The empirical literature indicates that momentum-style investing is a more effective approach than value-based or growth-based strategies. To confirm this, this article makes an attempt to construct a Momentum Index for the Indian equity market. The CNX NIFTY 50 Momentum Index is designed by...