Oil Price Shock and Its Effect on Stock Markets of India

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DC Field	Value	Language
dc.contributor.author	Bagchi, Bhaskar	-
dc.contributor.author	Mishra, Ansu	-
dc.date.accessioned	2020-05-12T14:51:41Z	-
dc.date.available	2020-05-12T14:51:41Z	-
dc.date.issued	2019-03	-
dc.identifier.issn	2321-0370	-
dc.identifier.uri	http://ir.nbu.ac.in/handle/123456789/2968	-
dc.description.abstract	The present study makes an attempt to investigate the effect of sharp continuous surging crude oil price on stock market indices of India, and also the long-term and short term relationships between crude oil prices and stock indices. The ‘period of the study’ spans from July 2009 to December 2016. We have found surge in oil price has positive correlation with equity indices and negative correlation with the exchange rates. The result is suited with the existing economic theory. Multivariate cointegration techniques along with vector error correction mechanism have been applied in the study.	en_US
dc.language.iso	en	en_US
dc.publisher	University of North Bengal	en_US
dc.subject	crude oil prices	en_US
dc.subject	emerging economy	en_US
dc.subject	exchange rates	en_US
dc.subject	oil price shock	en_US
dc.subject	stock indices	en_US
dc.title	Oil Price Shock and Its Effect on Stock Markets of India	en_US
dc.title.alternative	ANWESHAN, Vol. 6, No. 1, 2019, pp. 41 - 58	en_US
dc.type	Article	en_US
Appears in Collections:	Vol. 6 No. 1 (March 2019)

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