This paper employs five alternative methods for estimating Hurst exponent (1951), fractal dimension, and Mandelbrot-Lévy characteristic exponent (Lévy 1925) to examine the fractal character of three information technology equities, Satyam, Tata Consultancy Services, and Infosys. Fractal structure or long memory …
An overwhelming tide of the financial tsunami has been inundating the whole world, resulting in substantial drop of asset prices and credit crunches. Bankruptcies, bailouts, defaults, foreclosures, etc. have become daily news headlines. Dozens of books, research papers, reviews and …
Public enterprises conceived as an instrument for maximizing the welfare function have a major influence in the development of a mixed economy like India. They are referred to as 'Commanding Heights Of The Indian Economy'. In 1947, when the country …
We are daily seeing fluctuations in share prices in the stock markets. These fluctuations are due to various reasons. One of the main causes for the fluctuations in share price is due to the Corporate Actions of companies. These corporate …
A major reform of the Indian stock markets has been the introduction of depository system and scripless trading mechanism since 1996. The long prevailing scrip based system of securities transaction involves enormous paper work involving certificates and transfer deeds. Every …
Banking in India has witnessed remarkable changes and development since the onset of the processes of liberalization, globalization, and privatization during early nineties. Fixed income securities are one of the most innovative and dynamic instruments evolved in the financial system …
The capital market is a perfect place to arrange funds for private entrepreneurs. The investors will put in their funds for these enterprises only if the securities listed on the stock exchanges are not mispriced. The exclusion of the notion …