This study analyzes the co-movement and interdependence between the Indian stock market (BSE Sensex) and other foreign stock markets from 2000 to 2012. It finds the IPC All Shares index of Mexico provided the highest returns with moderate risk compared to other markets like Australia, Germany, France, US, Brazil, Hong Kong, China, Netherlands, and Japan. While the Nikkei index of Japan had the greatest risk before 2008, the DAX index of Germany showed the greatest risk after the 2008 stock market crisis. The study suggests further research could examine other factors influencing correlations like government policies, company policies, political relations, and economic integration approaches.
The domestic stock markets opened positively but failed to sustain gains and closed flat, mirroring weak US market cues. The markets bounced back from support at 5250 but saw sustained selling pressure and lack of follow up buying. Top losers for the day were from sectors like metals, power, infrastructure and banks. Technically, the markets remain negative with indicators like RSI, KST and MACD below their averages, pointing to further downside. Support levels are at 5250, 5215 and 5118 while resistance is at 5333, 5386 and 5464.
- The domestic markets witnessed a negative opening and drifted lower due to lack of buying support and sustained selling pressure. However, markets bounced back from lows due to lower inflation data and short covering.
- Technically, market breadth remained positive with higher volumes, though global cues remain negative. The markets are likely to witness volatility and will take cues from global markets and crude prices.
- Key support and resistance levels for the Nifty are provided. Short term trading ideas based on technical analysis are also mentioned.
The markets remained range bound with marginal losses. The top losers for the day were from sectors like banking, infrastructure, and technology. Technically, market breadth remained robust but negative conditions weighed on sentiment. Support levels are at 5665, 5554, and 5447 while resistance levels are at 5747, 5816, and 5885. Stocks to watch out for today are from sectors like banking, infrastructure, technology, and pharmaceuticals.
The domestic stock markets opened lower but saw buying support and short covering that helped push the markets into positive territory. Gains continued through mid-trading sessions before some profit taking emerged. The markets ended the day with marginal gains. Technically, market breadth remained robust amid higher volumes which is seen as positive. The global cues are mixed and domestic markets are expected to have a flat opening. Support levels are at 5500, 5364 and 5262, while resistance is at 5600, 5734 and 5885.
- The Indian markets opened flat but saw selling pressure and losses in early trading due to profit taking. However, markets bounced back from lower levels in the afternoon on buying support.
- The markets closed with modest gains, managing to stay above the key 6000 level on the Nifty. Technical indicators were mixed but largely positive, providing support.
- Going forward, the markets may face resistance at higher levels due to some persisting technical negatives. Support is seen at lower levels of 5966-5816 on the Nifty.
The domestic markets witnessed a flat opening but saw selling pressure and fell sharply, testing the 5050 support level. Technical indicators are negative, with the markets likely to see further volatility and profit taking. The supports for the Nifty are at 4987, 4757 and 4563, while resistances are at 5161, 5200 and 5325. Short term trading ideas based on technical analysis are also provided.
The document discusses the Australian Securities Exchange (ASX), providing an introduction to its functions and history. It analyzes the size of the ASX through metrics like the number of listed securities and total market capitalization from 2006 to 2010. The document also examines the listing process and criteria companies must meet to be listed on the ASX, including requirements around the number and type of shareholders and minimum company size and profitability.
The domestic stock markets opened positively but failed to sustain gains and closed flat, mirroring weak US market cues. The markets bounced back from support at 5250 but saw sustained selling pressure and lack of follow up buying. Top losers for the day were from sectors like metals, power, infrastructure and banks. Technically, the markets remain negative with indicators like RSI, KST and MACD below their averages, pointing to further downside. Support levels are at 5250, 5215 and 5118 while resistance is at 5333, 5386 and 5464.
- The domestic markets witnessed a negative opening and drifted lower due to lack of buying support and sustained selling pressure. However, markets bounced back from lows due to lower inflation data and short covering.
- Technically, market breadth remained positive with higher volumes, though global cues remain negative. The markets are likely to witness volatility and will take cues from global markets and crude prices.
- Key support and resistance levels for the Nifty are provided. Short term trading ideas based on technical analysis are also mentioned.
The markets remained range bound with marginal losses. The top losers for the day were from sectors like banking, infrastructure, and technology. Technically, market breadth remained robust but negative conditions weighed on sentiment. Support levels are at 5665, 5554, and 5447 while resistance levels are at 5747, 5816, and 5885. Stocks to watch out for today are from sectors like banking, infrastructure, technology, and pharmaceuticals.
The domestic stock markets opened lower but saw buying support and short covering that helped push the markets into positive territory. Gains continued through mid-trading sessions before some profit taking emerged. The markets ended the day with marginal gains. Technically, market breadth remained robust amid higher volumes which is seen as positive. The global cues are mixed and domestic markets are expected to have a flat opening. Support levels are at 5500, 5364 and 5262, while resistance is at 5600, 5734 and 5885.
- The Indian markets opened flat but saw selling pressure and losses in early trading due to profit taking. However, markets bounced back from lower levels in the afternoon on buying support.
- The markets closed with modest gains, managing to stay above the key 6000 level on the Nifty. Technical indicators were mixed but largely positive, providing support.
- Going forward, the markets may face resistance at higher levels due to some persisting technical negatives. Support is seen at lower levels of 5966-5816 on the Nifty.
The domestic markets witnessed a flat opening but saw selling pressure and fell sharply, testing the 5050 support level. Technical indicators are negative, with the markets likely to see further volatility and profit taking. The supports for the Nifty are at 4987, 4757 and 4563, while resistances are at 5161, 5200 and 5325. Short term trading ideas based on technical analysis are also provided.
The document discusses the Australian Securities Exchange (ASX), providing an introduction to its functions and history. It analyzes the size of the ASX through metrics like the number of listed securities and total market capitalization from 2006 to 2010. The document also examines the listing process and criteria companies must meet to be listed on the ASX, including requirements around the number and type of shareholders and minimum company size and profitability.
The Indian stock market closed marginally lower, with the BSE Sensex down 0.20% and the NSE Nifty down 0.10%, as Asian markets were mostly weak led by declines in Japan, Hong Kong, and China. U.S. stocks rose after better than expected earnings from companies like 3M, UPS, and Ford sent the S&P 500 and Dow Jones Industrial Average to near 3-year highs. In corporate news, Future Ventures' IPO was subscribed 0.56 times, Vaswani Industries set a price band of Rs. 45-49 for its IPO, and SBI plans a Rs. 20,000 crore rights issue this year.
The domestic markets witnessed a flat opening and remained range bound amid lackluster volumes. Buying momentum picked up in the afternoon on positive European cues, helping the markets end the day with moderate gains near the highs. Technically, market breadth was robust but volumes were lower. The markets are likely to witness a flat opening and display intermittent volatility ahead of derivative expiry while taking cues from global markets and news. Key support levels are at 4806, 4757 and 4481 while resistance is at 4987, 5195 and 5262.
- Indian stocks broke a four-week winning streak and fell significantly this week due to concerns over political tensions hindering policy reforms.
- The Nifty is expected to consolidate in the range of 5,100-5,460 this week and may face resistance at higher levels with support at lower levels.
- India's GDP grew 5.5% in the first quarter of 2012-2013, ruling out further monetary easing by the RBI in the near future.
- The Indian equity markets closed higher on January 21, with the Sensex gaining 0.38% and the Nifty gaining 0.42%. The European markets were mixed, with CAC and FTSE up but DAX down. The US markets were up as well.
- ONGC and BPCL were the top gainers in the Nifty, rising over 7% and 9% respectively, while Wipro and Hero MotoCorp were the top losers, falling over 7% and 3%.
- FIIs were net buyers of Indian stocks worth Rs. 564.2 crore, while DIIs were net sellers of Rs. 519.78 crore worth of stocks.
The document provides a market summary for September 23, 2011. It includes:
- Details on the performance of key Indian and global stock indices, as well as sector performances and commodity prices.
- Commentary on the declines in the Indian markets and volatility in global markets driven by concerns over the European debt crisis.
- Corporate news snippets regarding companies such as Reliance Industries, Hindustan Petroleum, and Sun Pharmaceutical Industries.
The document provides a market summary for September 28, 2011. It summarizes the performance of key Indian indices which declined marginally. Global markets also declined on concerns about Europe's debt crisis. Commodity prices fell with Brent crude oil down 2.32% and gold down 2.49%. The rupee closed higher against the dollar. Corporate news highlights include Kingfisher announcing plans to discontinue its low-cost subsidiary, HCL receiving awards for education programs, and Essar Energy appointing a new CEO for its UK subsidiary.
Sensex climbed 298 pts to 17137.14 & Nifty raised 100.30 pts to 5,200.05. Asian shares extended their gains on Monday, supported by expectations the Federal Reserve and the European Central Bank will deliver new measures to underpin their fragile economies. MSCI broadest index of Asia-Pacific outside Japan gained as much as 1.1%.
Money CapitalHeight Research Pvt Ltd is a leading Stock Advisory Company, having a strong hold in providing most authentic and accurate Equity Tips as well as Commodity Tips.
Our research is based around these services:
• Stock Tips
• Commodity Tips
• Equity Tips
• Intraday Tips
• NCDEX Tips
For 2 Days Free Trial, please visit our site at http://www.capitalheight.com or please call our 24/7 Customer Care Support us at +91 9993066624, 0731 - 4295 - 950 Or email us at: contact@capitalheight.com
The Indian equity markets ended higher for the week. The Sensex gained 1.91% and the Nifty rose 1.90% led by gains in oil companies. Top gainers included ONGC, DLF, and NTPC. Technically, the Nifty may see a short term range bound movement around 6,230-5,650. Global markets were mostly higher with the Dow and S&P 500 gaining over 1% each. The Indian rupee strengthened against the US dollar.
Market moved upwards on the back of overwhelming response to CIL’s IPO and firm cues from European Markets. Dow Jones ended high (+39 points) supported by strong earnings. Asian markets showed a mixed reaction on higher US earnings & lower jobless claims
The Indian stock markets extended gains for the second consecutive day led by heavyweights like Reliance Industries and Infosys. The BSE Sensex closed at 18,496, up 0.41% while the Nifty ended at 5,557, up 0.45%. In global markets, US stocks fell for the fifth straight day on concerns over the economic recovery. Asian markets also fell with the Nikkei down 0.3% and Hang Seng down 0.66%. Key sectors like realty and oil & gas performed well in India, gaining over 1% each.
NIFTY FIFTY : - The benchmark Index Nifty closed at 8794 after making low of 8771 and a high of 8822 on Last Friday trading session. Nifty traded in a small range of 50 points throughout the day. The equity
benchmark Nifty opened in a positive note on Monday up by 26 points or 0.29 per cent at 8819. Indian
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
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This infographic explores the transformative power of Generative AI, a key driver of the 4th Industrial Revolution. Discover how Generative AI is revolutionizing industries, accelerating innovation, and shaping the future of work.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
The Indian stock market closed marginally lower, with the BSE Sensex down 0.20% and the NSE Nifty down 0.10%, as Asian markets were mostly weak led by declines in Japan, Hong Kong, and China. U.S. stocks rose after better than expected earnings from companies like 3M, UPS, and Ford sent the S&P 500 and Dow Jones Industrial Average to near 3-year highs. In corporate news, Future Ventures' IPO was subscribed 0.56 times, Vaswani Industries set a price band of Rs. 45-49 for its IPO, and SBI plans a Rs. 20,000 crore rights issue this year.
The domestic markets witnessed a flat opening and remained range bound amid lackluster volumes. Buying momentum picked up in the afternoon on positive European cues, helping the markets end the day with moderate gains near the highs. Technically, market breadth was robust but volumes were lower. The markets are likely to witness a flat opening and display intermittent volatility ahead of derivative expiry while taking cues from global markets and news. Key support levels are at 4806, 4757 and 4481 while resistance is at 4987, 5195 and 5262.
- Indian stocks broke a four-week winning streak and fell significantly this week due to concerns over political tensions hindering policy reforms.
- The Nifty is expected to consolidate in the range of 5,100-5,460 this week and may face resistance at higher levels with support at lower levels.
- India's GDP grew 5.5% in the first quarter of 2012-2013, ruling out further monetary easing by the RBI in the near future.
- The Indian equity markets closed higher on January 21, with the Sensex gaining 0.38% and the Nifty gaining 0.42%. The European markets were mixed, with CAC and FTSE up but DAX down. The US markets were up as well.
- ONGC and BPCL were the top gainers in the Nifty, rising over 7% and 9% respectively, while Wipro and Hero MotoCorp were the top losers, falling over 7% and 3%.
- FIIs were net buyers of Indian stocks worth Rs. 564.2 crore, while DIIs were net sellers of Rs. 519.78 crore worth of stocks.
The document provides a market summary for September 23, 2011. It includes:
- Details on the performance of key Indian and global stock indices, as well as sector performances and commodity prices.
- Commentary on the declines in the Indian markets and volatility in global markets driven by concerns over the European debt crisis.
- Corporate news snippets regarding companies such as Reliance Industries, Hindustan Petroleum, and Sun Pharmaceutical Industries.
The document provides a market summary for September 28, 2011. It summarizes the performance of key Indian indices which declined marginally. Global markets also declined on concerns about Europe's debt crisis. Commodity prices fell with Brent crude oil down 2.32% and gold down 2.49%. The rupee closed higher against the dollar. Corporate news highlights include Kingfisher announcing plans to discontinue its low-cost subsidiary, HCL receiving awards for education programs, and Essar Energy appointing a new CEO for its UK subsidiary.
Sensex climbed 298 pts to 17137.14 & Nifty raised 100.30 pts to 5,200.05. Asian shares extended their gains on Monday, supported by expectations the Federal Reserve and the European Central Bank will deliver new measures to underpin their fragile economies. MSCI broadest index of Asia-Pacific outside Japan gained as much as 1.1%.
Money CapitalHeight Research Pvt Ltd is a leading Stock Advisory Company, having a strong hold in providing most authentic and accurate Equity Tips as well as Commodity Tips.
Our research is based around these services:
• Stock Tips
• Commodity Tips
• Equity Tips
• Intraday Tips
• NCDEX Tips
For 2 Days Free Trial, please visit our site at http://www.capitalheight.com or please call our 24/7 Customer Care Support us at +91 9993066624, 0731 - 4295 - 950 Or email us at: contact@capitalheight.com
The Indian equity markets ended higher for the week. The Sensex gained 1.91% and the Nifty rose 1.90% led by gains in oil companies. Top gainers included ONGC, DLF, and NTPC. Technically, the Nifty may see a short term range bound movement around 6,230-5,650. Global markets were mostly higher with the Dow and S&P 500 gaining over 1% each. The Indian rupee strengthened against the US dollar.
Market moved upwards on the back of overwhelming response to CIL’s IPO and firm cues from European Markets. Dow Jones ended high (+39 points) supported by strong earnings. Asian markets showed a mixed reaction on higher US earnings & lower jobless claims
The Indian stock markets extended gains for the second consecutive day led by heavyweights like Reliance Industries and Infosys. The BSE Sensex closed at 18,496, up 0.41% while the Nifty ended at 5,557, up 0.45%. In global markets, US stocks fell for the fifth straight day on concerns over the economic recovery. Asian markets also fell with the Nikkei down 0.3% and Hang Seng down 0.66%. Key sectors like realty and oil & gas performed well in India, gaining over 1% each.
NIFTY FIFTY : - The benchmark Index Nifty closed at 8794 after making low of 8771 and a high of 8822 on Last Friday trading session. Nifty traded in a small range of 50 points throughout the day. The equity
benchmark Nifty opened in a positive note on Monday up by 26 points or 0.29 per cent at 8819. Indian
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
The Impact of Generative AI and 4th Industrial RevolutionPaolo Maresca
This infographic explores the transformative power of Generative AI, a key driver of the 4th Industrial Revolution. Discover how Generative AI is revolutionizing industries, accelerating innovation, and shaping the future of work.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
办理美国UNCC毕业证书制作北卡大学夏洛特分校假文凭定制Q微168899991做UNCC留信网教留服认证海牙认证改UNCC成绩单GPA做UNCC假学位证假文凭高仿毕业证GRE代考如何申请北卡罗莱纳大学夏洛特分校University of North Carolina at Charlotte degree offer diploma Transcript
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaAmit Kakkar
Discover essential details about Thailand's recent visa policy changes, tailored for tourists and students. Amit Kakkar Easy Visa provides a comprehensive overview of new requirements, application processes, and tips to ensure a smooth transition for all travelers.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
Every business, big or small, deals with outgoing payments. Whether it’s to suppliers for inventory, to employees for salaries, or to vendors for services rendered, keeping track of these expenses is crucial. This is where payment vouchers come in – the unsung heroes of the accounting world.
1. Study of Co-Movement and
Interdependence of Indian Stock Market
with Foreign Stock Markets
JASPAL SINGH ASHAN
SHUBHAM GUPTA
MUKESH
CHIRAG
2. ANALYSIS OF TOPIC
Financial Problem: In this project, we are going to see whether
different markets move together or find out the important differences in
the characteristics of co-movement of stock market between the
developed and emerging stock markets w.e.f. 2000to 2012 in relation with
BSE Sensex stock-prices.
3. NAME OF EQUITY INDEX OF DIFFERENT COUNTRIES:
Serial no. Name of countries Name of Equity
Index
1 INDIA BSE Sensex
2 AUSTRALIA ASX
3 GERMANY DAX30
4 FRANCE CAC40
5 US NASDAQ
6 MEXICO IPC ALLSHARES
7 BRAZIL BM&F BOVESPA
8 HONGKONG HANGSENG
9 CHINA SSE
10 NETHERLAND EURONEXT
11 JAPAN NIKKEI
4. OBJECTIVES
To Analyze The Performance Of Bse Sensex.
To Analyze The Performance Of developing and
emerging markets.
To Know The Risk And Return Of The Bse & other
foreign markets.
To Correlate The Performance Of Bse Sensex With
other foreign markets With The Help Of Returns.
To Identify The Factors Influencing The Indices.
5. SCOPE
To examine the short-run causal linkages
among equity markets to better understand
how shocks in one market are transmitted to
other markets.
6. LITERATURE REVIEW
Initially , Under regular market conditions,
When trading by noise traders moves prices away
from fundamentals, convergence traders take
advantage of arbitrage opportunities, and stabilize
prices. However, when the wealth
Effect associated with initial losses dominates the
substitution effect.
Studies the changes in investors’ risk aversion in times
of market down turns. In our model, the link between
liquidity and returns is established via an increasing risk
a version towards illiquidity in reaction to price drops.
7. METHODOLOGY
DESCRIPTIVE STATISTICS
It provides simple summaries about observations that
have been made. Such summaries may be either
quantitative or visual.
Mean : The arithmetic mean is the "standard"
average, often simply called the "mean".
8. STANDARD DEVIATION
Statistics and probability theory, standard deviation
(represented by the symbol sigma, σ) shows how
much variation or "dispersion" exists from the
average .
A low standard deviation indicates that the data
points tend to be very close to the mean and vice
versa.
9. REGRESSION
Regression analysis is also used to understand which
among the independent variables are related to the
dependent variable.
10. CORRELATION
The correlation coefficient ρX,Y between two random
variables X and Y with expected values μX and μY
and standard deviations σX and σY is defined as:
11. DESCRIPTIVE STATISTICS
Descriptive statistics (Jan 2000 – Oct 2012)
Equity index Mean Standard
deviation
BSE SENSEX .0002 .00797
SSE .0001 .00786
Euronext .00000 .00629
CAC40 -.0001 .00751
NASDAQ .00000 .00882
ASX .0001 .00506
Hang Seng .0000 .00781
Nikkei -.0001 .00749
IPC all Shares .0003 .00716
DAX30 .0000 .00751
BM&F Bovespa .0002 .00937
12. DESCRIPTIVE TABLE BEFORE 17 JAN 2008 DESCRIPTIVE TABLE AFTER 17 JAN 2008
PARTICULARS MEAN Std. PARTICULARS MEAN Std.
DEVIATION DEVIATION
ASX -.0001 .00623 ASX .0002 .00392
BSE .0001 .00463 BSE .0003 .00274
EURONEXT -.0003 .00786 EURONEXT .0001 .00543
IPC ALL SHARES .0002 .00775 IPC ALL SHARES .0004 .00680
CAC 40 -.0002 .00889 CAC 40 .000 .00653
BM&F BOVESPA .000 .0103 BM&F BOVESPA .0003 .00885
SSE .000 .00628 SSE -.0001 .00852
NIKKEI -.0002 .00898 NIKKEI -.0001 .00643
HANG SENG -.0001 .00975 HANG SENG .0001 .00640
NASDAQ .001 .00868 NASDAQ -.001 .00880
By using structural break there is no change in results and
still we can say that asx and ipc all shares are better in terms
of return and risk.
13. CORRELATION
Equity index BSE
BSE SENSEX 1
SSE .005
Euronext .007
CAC40 .005
NASDAQ .047
ASX -.010
Hang Seng .027
Nikkei .046
IPC All Shares -.003 GRAPH OF DAX
DAX30 -.025
BM&F bovespa .004
14. The second graph shows the reasons of certain change in the
market of U.S.A
15. CORRELATION TABLE (BEFORE & AFTER 17 JAN 2008)
PARTICULARS (BEFORE 17 JAN 2008) (AFTER 17 JAN 2008)
SENSEX/ASX -.018 -.011
SENSEX/DAX -.019 .177
SENSEX/EURONEXT -.018 .027
SENSEX/IPS ALL SHARES .104 .285
SENSEX/CAC40 -.052 .033
SENSEX/BM&F BOVESPA .012 .002
SENSEX/SSE .010 -.003
SENSEX/NIKKEI .104 .067
SENSEX/HANGSENG .200 .082
SENSEX/NASDAQ .250 .145
Correlation before 17 jan is highest for nasdaq(.250) with bse whereas
correlation after 17 jan is highest for ipc all shares(.285) with bse.
During the year 2008 to 2010 India and Mexico were set to double their trade
said by pm of mexico.
16. Logbse
Logbse logipcallshares
logipcallshares
Before 17 Jan 2008 After 17 Jan 2008
Correlation before 17 jan is .104 and after 17 jan is highest for ipc all
shares(.285) with bse.
17. REGRESSION
Equity index B Sig.
BSE(constant) .000 .210
SSE .010 .625
Euronext .008 .752
CAC40 .045 .037
Nasdaq .042 .019
BM&F Bovespa .001 .969
ASX -.024 .436
Hang Seng .022 .279
Nikkei .043 .039
IPC All Shares -.009 .668
Dax30 -.032 .124
18. REGRESION TABLE BEFORE 17 JAN 2008 REGRESSION TABLE AFTER 17 JAN 2008
PARTICULARS BETA SIGNIFICANCE
PARTICULARS BETA SIGNIFICA
LEVEL
NCE LEVEL
ASX -.036 .467
ASX -.013 -.329
DAX 30 -.021 .437
DAX 30 .180 .000
EURONEXT -.025 .446
EURONEXT .030 .410
IPC ALL SHARES .114 .000
IPC ALL SHARES .328 .000
CAC40 -.056 .033
CAC40 .034 .304
BM&F BOVESPA .011 .619
BM&F BOVESPA .002 .942
SSE .009 .677
SSE -.004 .926
NIKKEI .118 .000
NIKKEI .066 .038
HANG SENG -.026 .399 HANG SENG -.036 .164
NASDAQ .015 .508 NASDAQ .031 .290
Before Nikkei shows greater risk (.118) with high sig.(.000) whereas Dax30
shows greater risk (.180) with high sig. (.000) due to stock market crisis.
19. INTERPRETATION OF STATISTICAL RESULTS-
CONTENT AND DEPTH:
Always investor wants to invest in a market , where
he must go in which he gets maximum return for a
given level of risk and minimum risk for a given
level of return. Investor need to thoroughly analysis
the trend of the market in order to have relative risk
and return of his investment.
In our project if Indian investor have surplus money
and if he want to invest in foreign markets he must
prefer Ipc all share that give them maximum return
more than bse throughout our analysis.
20. ABILITY TO HIGHLIGHT LIMITATIONS AND
SUGGESTIONS FOR FURTHER RESEARCH:
We could took other parameter to measure the correlation
between foreign markets and BSE i.e.
1. Governments measures.
FDI(foreign policy)
Monetary measures( CRR,SLR,REPO etc.)
Fiscal measures(Tax policies, Govt. spending)
Welfare of the economy
2. Company policies(index shares).
3. Political relations.
4. EIC approach