Indian Journal of Finance
By: Associated Management Consultants (P) Ltd.Single Issue
Single Issue
- IJF-May10-Article4-A Study of Efficiency of The Indian Stock Market
- Price : 80.00
- Published on May 1, 2010
- Associated Management Consultants (P) Ltd.
- Issues 356
- Language - English
- Published daily
About this issue
Market efficiency is examined in three forms: weak form, semi-strong form and strong form and each one deals with a different source of information. 1. Weak form efficient market - the prices of securities fully reflect all historical information and no excess returns can be earned by utilising historical share prices. 2. Semi-strong form - securities prices adjust instantaneously to available new information such as earnings announcements, bonus issue, merger and acquisition, etc. so that no excess returns can be earned by trading on that information. 3. Strong form efficient market - securities prices fully reflect all information, including inside or private information.
About Indian Journal of Finance
Indian Journal of Finance, a source of sophisticated analysis of developments in the rapidly expanding world of finance, is a monthly journal with topics ranging from corporate to personal finance, insurance to financial economics and derivatives.