Search
Now showing items 1-8 of 8
Inflation hedge in India: stocks or bullion
(2010-03-13)
At a time of runaway inflation, when nothing seems to contain the pace of its gallop, it might be pertinent to look around for an investment which may shield the value of the investor's money against the devaluing onslaught ...
Implications of changes in the holding period and other parameters on systematic risk and performance of a security
(2010-03-22)
The Capital Asset Pricing Model is a single period model which specifies a linear relationship between return on an asset and return on the entire market. The model is widely used in literature as if a portfolio of securities ...
Effect of changing taxation and depreciation policies on the leasing industry
(2010-03-18)
In the recent years the government's policy of reducing the corporate tax rate and increasing the depreciation rate has been welcomed by the industrial sector. The changes so obviously benefit the sector that it appears ...
Analysis of Indian securities industry: market for debt
(2010-10-05)
In the current liberalized environment, the
Indian debt market appears to be all set to
take off. With the commencement of trading
of debt instruments by the National Stock
Exchange this year, the secondary market ...
Soaring stock prices: defying fundamentals
(1990-07-13)
Speculation is rife as to whether or not the unprecedented high level of average price-earnings ratios in our
capital market is too high to be sustainable. An objective analysis beginning with a theoretical exposition ...
Convertible securities and implied options
(1990-09-28)
The Indian capital market lacks an
organized futures and options market. The
investors are, therefore, not able to manage
their portfolio risks effectively.
In this article, S K Barua and V
Raghunathan examine the ...
Inefficiency of the Indian capital market
(1986-09-22)
Efficient pricing of securities and
maintenance of parity between risk
and return are absolutely essential
for a well-functioning capital
market. In this paper, S K Barua and
V Raghunathan discuss a clear .case
of ...
Inefficiency and speculation in the Indian capital market
(1987-09-23)
Barua and Raghunathan re-examine
their risk-return evaluation in the light of
the actual developments over the last year
in the case illustration used earlier. They
argue that their conclusion on market
inefficiency ...