This paper deals with Stock market returns of five emerging economies i.e. Brazil, Russia, India, China, and South Africa (BRICS). The paper attempts to establish the linkages and relationship among the returns of these BRICS Stock Exchanges and examines the effect of the stock index of one...

Stock exchange is the barometer of financial markets in any country. The stock exchanges acts as institute for resource mobilization for companies and implement the policy agenda of the government through mandatory disclosures. The website is the apparent face of the stock exchanges through...