Volume : V, Issue : V, May - 2015

TESTING EFFICIENT MARKET HYPOTHESIS IN CURRENT INDIAN STOCK MARKET

Dr. Vikram Bisen, Madhulika Pandey

Abstract :

Over the past 40 years the importance of Efficient Market Hypothesis (EMH) is well documented and  discussed. EMH is useful for analyzing the way equity markets function and consequently for providing  appropriate information for investment decision.  Market Hypothesis says that each and every investor have equal right to get earliest arrived information in financial  market and to react on that. This paper provides a review about how now a days market is inefficient either because of  not getting all the fresh news related to stocks on time or they do not care about those news or they do not want to  react on that piece of arrived information because of their own psychology or sentiments.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr. Vikram Bisen, Madhulika Pandey TESTING EFFICIENT MARKET HYPOTHESIS IN CURRENT INDIAN STOCK MARKET Indian Journal of Applied Research, Vol.5, Issue : 5 May 2015

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