Volume : V, Issue : IV, April - 2016

Foreign Institutional Investments (FIIs) and Indian Stock Market with respect to BSE Sensex and Other BSE Indices

Mahammadrafique U. Meman

Abstract :

<p> The Indian stock market was opened up to FII investment in 1992-93 and since then there has been a significant increase in the portfolio investment by FIIs. FII investment has become an important determinant of the stock market trends in India. In this context, this paper studies the relationship between Foreign Institutional Investments (FIIs) and Indian Stock Market with respect to the BSE Sensex and other BSE indices such as BSE100, BSE200, BSE500 and BSECG (Consumer Goods). The monthly data have been collected from secondary sources such as official websites of Indian stock market, journals etc. from April 2005 to March 2015. The Karl Pearson Correlation Coefficient explains that there is a weak positive correlation between Foreign Institutional Investments and Indian Stock Market.</p>

Keywords :

Article: Download PDF    DOI : https://www.doi.org/10.36106/gjra  

Cite This Article:

Mahammadrafique U. Meman Foreign Institutional Investments (FIIs) and Indian Stock Market with respect to BSE Sensex and Other BSE Indices Global Journal For Research Analysis, Vol.5, Issue : 4 APRIL 2016

Number of Downloads : 401

References :