Functional Instability or Paradigm Shift?: A Characteristic Study of Indian Stock Market in the First Decade of the New Millennium Paperback - 2014
by Amitava Sarkar
- New
- Paperback
Standard delivery: 7 to 14 days
Details
- Title Functional Instability or Paradigm Shift?: A Characteristic Study of Indian Stock Market in the First Decade of the New Millennium
- Author Amitava Sarkar
- Binding Paperback
- Condition New
- Pages 70
- Volumes 1
- Language ENG
- Publisher Springer
- Publication date 2014
- Illustrated Yes
- Features Illustrated
- Bookseller's Inventory # x-8132217543
- ISBN 9788132217541 / 8132217543
- Weight 0.29 lbs (0.13 kg)
- Dimensions 9.21 x 6.14 x 0.17 in (23.39 x 15.60 x 0.43 cm)
- Category Business / Economics / Finance
- Dewey Decimal Code 332.642
- Quantity available 2
About Revaluation Books Devon, United Kingdom
General bookseller of both fiction and non-fiction.
Reader reviews for Functional Instability or Paradigm Shift?: A Characteristic Study of Indian Stock Market in the First Decade of the New Millennium
Write a review for this book
Important Terms and Guidelines
- Please focus on the book’s content and context. Also, add any personal comments as to how you enjoyed the book. Substantiate your likes and dislikes. You may make comparisons to other books.
- Reviews must be at least 140 characters in length.
- Please do not reveal critical plot elements.
- This is not a help line. Contact customer support if you need help.
Your review must not include:
- Obscenities, discriminatory language, or other insulting language not suitable for public domain
- Advertisements, “spam” content, or references to other products, offers or websites.
- Email addresses, URLs, phone numbers, physical addresses or other contact information.
- Overly critical comments about other reviews or reviewers
- Time-sensitive material (i.e. promotional tours, seminars, lectures, etc.)
- Availability, price, or alternative ordering/shipping information
From the publisher
From the rear cover
The study investigates the working of the Indian stock market in recent years and attempts to look for functional instability, if any, embedded in the stock market. Specifically, it explores to discern whether there has been any significant change in the recent years in Indian stock market and the nature and characteristics of such changes, if any. It chooses the nine year period from 1999 to 2008. Over this period, stock market witnessed some major price changes: one in late 1999 that ended in mid 2001, another that commenced from mid 2004 and a recent one that in effect commenced from early 2008.
There is significant volatility in the market with presence of risk premium; there is asymmetric impact. The market responds more to the negative shocks.
The global stock market is having its influence on Indian stock market. The impact of developed country effect, particularly, that of the US stock market has been the most prominent. There is some evidence for regional contagion. When we look at the domestic sectors, we see that the traditional sectors, Capital Goods and Consumer Durables, are the two most predominant sectors. Other sectors, particularly the IT sector, have only a mild, almost insignificant impact on market volatility and transmits very little of its volatility to other sectors.