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Indian Journal of Finance

ISSN: 0973-8711 Frequency: Monthly Peer Review: Double-blind Published since: 2007 Language: English
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Original Article

Open Access Original Article

Measuring Indian Economic Progress : An Analysis of National Leadership Through Stock Market Performance

R. Venkata Raman1,  V. R. Srinidhi2,  A. S. Chandramouli3

1 Research Supervisor, Department of Management, Presidency College, Bengaluru

2 Research Scholar, Bharathiar University, Coimbatore, Tamil Nadu & **Assistant Professor, Department of Management, Jain University- CMS, Bengaluru

3 Independent Researcher , Professor in Journalism & Mass Communication (VRS Rtrd.), Formerly Principal, Surana College, Bengaluru - 560 004

Volume 10
Issue 8
Pages 11–23
Year 2016
Received: April 14, 2016 Accepted: July 21, 2016 Published: Aug. 1, 2016
Abstract

India is among the most favoured nations in the world for investments because of sustainability, even as uncertainty prevails largely across the global financial markets. As India continues to maintain cordial investment policies towards FII investments, financial markets in India can attain greater heights in comparison to foreign financial markets. This qualitative-analytical and quasiquantitative study uses stock returns during the regime of four Indian Prime Ministers. The study concentrated on the performance of the stock market under present and past leaders of India with special reference to volatility in the stock market and business opportunities in India. Furthermore, the variables were measured by using descriptive statistics, Markov regime switching model, and economic conditions. This study revealed that political leadership and policy go hand in hand; balance between borrowings and investments is a must for a strong economy, and the study found that FDI is important for strengthening the Indian currency.

Keywords Sustainability Uncertainty Stock Returns Market Performance and Business Opportunities
How to Cite

R. Venkata Raman, V. R. Srinidhi, A. S. Chandramouli (2016). Measuring Indian Economic Progress : An Analysis of National Leadership Through Stock Market Performance. Indian Journal of Finance, 10(8), 11–23. https://doi.org/10.17010/ijf/2016/v10i8/99317

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