Asian Journal of Management

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Study to Analyse the Impact of Dollar on BSE and NYSE


Affiliations
1 Prestige Institute of Management, Dewas MP India, India
     

   Subscribe/Renew Journal


The author attempt to explain the behavior of Indian Stock Market with respect to New York stock exchange. This paper also examines the inter relationship between Sensex and dollar, Sensex and NYSE, NYSE and dollar. This paper examines the various research studied conducted with reference to Indian or International stock exchange context. This paper tries to find out the important factors those are affecting the Indian stock market directly or indirectly. In this research two major factors have been considered those are NYSE, Dollar. The stock market is witnessing heightened activities and is increasingly gaining importance. Appropriate statistical techniques have been used to establish a meaningful relationship among various explanatory variables identified through the empirical analysis considering the available research studies.

Keywords

Dollar, NYSE, Sensex, Stock Market
Subscription Login to verify subscription
User
Notifications
Font Size


  • Aggarwal (1981) A Study of Exchange Rates Movement and Stock Market Volatility ijbm International Journal of Business and Management Vol. 5, No. 12 pp. 62-73

  • Bahmani-Oskooee, M. and A. Sohrabian (1992). “Stock Prices and the Effective Exchange Rate of the Dollar”, Applied Economics, 24, 4, 459-464.

  • Bekaert (1995) The Time Variation of Expected Returns and Volatility in Foreign-Exchange Markets Journal of Business and Economic Statistics, 1995, vol. 13, issue 4, pages 397-408

  • Yu (1997) Dynamic Relationship between Stock Prices and Exchange Rates: Evidence from Three South Asian Countries International business research vol. 2 No.2 pp.167-174

  • Abdalla and Murinde (1997) International Research Journal of Finance and Economics ISSN 1450-2887 Issue 23 The Relationship between Stock Prices and Exchange Rates Evidence from Turkey Viewed on December 17, 2012 http://www.eurojournals.com/irjfe_23_16.pdf

  • Abhay Pethe and Ajit Karnik (2000)” An Analysis of Stock Market Efficiency in the Light of Capital Inflows and Exchange Rate Movements: The Indian Context” Viewed on December 17, 2012 http://www.igidr.ac.in/money/mfc_08/An%20Analysis%20of%2 0Sock%20Market%20Efficiency...Basabi%20and%20Jaydeep.pd f

  • Debjiban Mukherjee(2002) “Comparative Analysis of Indian Stock Market with International Markets”greatlakes.edu.in/pdf/DebijanMukherjee.pdf

  • Garg, Ashish and Bodla, B. S.(2011), Impact of the Foreign Institutional Investments on Stock Market: Evidence from India, Viewed on December 17, 2012 http://ideas.repec.org/a/dse/indecr/0040.html

  • Pan, Fok and Lui (1999): Dynamic Linkages Between Exchange Rates and Stock Prices: Evidence from Pacific Rim Countries, Shippensburg University Working Papers Viewed on December 17, 2012 http://unpan1.un.org/intradoc/groups/public/documents/APCITY/ UNPAN025797.pdf

  • R. Smyth and M. Nandha (2003) Bivariate causality between exchange rates and stock prices in South Asia Viewed on January 02, 2013 http://ideas.repec.org/a/taf/apeclt/v10y2003i11p699- 704.html

  • R.Aggarwal, and Soenen, L. (1989). Financial Prices as Determinants of Changes in Currency Values. 25thAnnual Meetings of Eastern Finance Association. Philadelphia. Viewed on January 02, 2013 www.igidr.ac.in/money/mfc_5/basabi.pdf

  • Ray, Prantikand Vani, Vina (2003) “What Moves Indian Stock Market: A Study on the Linkage with Real Economy in the Post- Reform Era” Viewed on January 02, 2013 http://oii.igidr.ac.in:8080/dspace/bitstream/2275/123/1/pran


Abstract Views: 536

PDF Views: 0




  • Study to Analyse the Impact of Dollar on BSE and NYSE

Abstract Views: 536  |  PDF Views: 0

Authors

Yogendra Singh Rajavat
Prestige Institute of Management, Dewas MP India, India

Abstract


The author attempt to explain the behavior of Indian Stock Market with respect to New York stock exchange. This paper also examines the inter relationship between Sensex and dollar, Sensex and NYSE, NYSE and dollar. This paper examines the various research studied conducted with reference to Indian or International stock exchange context. This paper tries to find out the important factors those are affecting the Indian stock market directly or indirectly. In this research two major factors have been considered those are NYSE, Dollar. The stock market is witnessing heightened activities and is increasingly gaining importance. Appropriate statistical techniques have been used to establish a meaningful relationship among various explanatory variables identified through the empirical analysis considering the available research studies.

Keywords


Dollar, NYSE, Sensex, Stock Market

References