News of Inflation and Effect on Stock Prices in India
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Type
Article
Date
2014-03
Journal Title
Anweshan - journal of Department of Commerce
Journal Editor
Dhar, Samirendra Nath
Journal ISSN
Volume Title
Publisher
University of North Bengal
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Sahu, T. N., Bandopadhyay, K., & Mondal, D. (2014). News of Inflation and Effect on Stock Prices in India. Anweshan - Journal of Department of Commerce, 2(1), 1–26. https://ir.nbu.ac.in/handle/123456789/2934
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Abstract
The article investigates into the impact of the inflation rate on stock market in India during the period 1993 to 2013. The study explores into the long-run co-movement between the rate of inflation and stock prices in India and attempts to reveal whether inflation rate causes stock market movement in India. The study also reveals that both the Indian stock markets are strongly exogenous in the sense that shocks to inflation rate explain only a small portion of the forecast variance error of the market indices and notices that a positive shock on inflation rate has a negative and persistent effect on Indian stock markets.
Description
Citation
Accession No
Call No
Book Title
Edition
Volume
ISBN No
Volume Number
2
Issue Number
1
ISSN No
2321-0370
eISSN No
Pages
Pages
1 - 26