The banking sector in India has made remarkable progress since the economic reforms in 1991. New private sector banks have brought the necessary competition into the industry and spearheaded the changes towards higher utilization of technology, improved customer service and innovative products....

Rapid development of the capital market and financial liberalisation have brought a profound change in perception of entrants in the capital market. The large sum of Foreign Direct Investment in the country is an obvious outcome of India's commitment to the process of liberalisation. India has...

This study examines the causal and long-term equilibrium relationships between macroeconomic variables and the Indian stock market during the period January 2005 to December 2009 by using Toda-Yamamoto Granger causality test, Johansen's cointegration tests, variance decomposition and impulse...

This paper examines the efficiency of Indian stock market by using daily closing price of BSE SENSEX from August 2002 to March 2011. The study has used unit root test, autocorrelation test, runs test, GARCH (symmetric) EGARCH and TARCH (asymmetric) models to determine the random walk behaviour...