000 03112nam a22004455i 4500
001 978-81-322-0466-4
003 DE-He213
005 20140220083334.0
007 cr nn 008mamaa
008 120313s2012 ii | s |||| 0|eng d
020 _a9788132204664
_9978-81-322-0466-4
024 7 _a10.1007/978-81-322-0466-4
_2doi
050 4 _aHG1-9999
072 7 _aKCBM
_2bicssc
072 7 _aKCLF
_2bicssc
072 7 _aBUS027000
_2bisacsh
082 0 4 _a332
_223
100 1 _aSarkar, Amitava.
_eauthor.
245 1 0 _aFunctional Instability or Paradigm Shift?
_h[electronic resource] :
_bA Characteristic Study of Indian Stock Market in the First Decade of the New Millennium /
_cby Amitava Sarkar.
264 1 _aIndia :
_bSpringer India,
_c2012.
300 _aXIII, 67p. 11 illus.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _a1. Introduction -- 2. Indian Stock Market Movements, Structural Breaks and Volatility -- 3. Volatility in Indian stock market: transmission from domestic sectors -- 4. Volatility in Indian stock market: transmission from global markets -- 5. Indian stock price determination: fundamental versus bubble -- 6. Conclusion.
520 _aThe 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.
650 0 _aEconomics.
650 0 _aMacroeconomics.
650 0 _aFinance.
650 1 4 _aEconomics/Management Science.
650 2 4 _aFinancial Economics.
650 2 4 _aMacroeconomics/Monetary Economics.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9788132204657
856 4 0 _uhttp://dx.doi.org/10.1007/978-81-322-0466-4
912 _aZDB-2-SBE
999 _c104055
_d104055