期刊名称:International Journal of Contemporary Business Studies
电子版ISSN:2156-7506
出版年度:2012
卷号:3
期号:4
页码:79
出版社:Academy of Knowledge Process
摘要:With the easy transfer of money and information in cross-country markets has opened the floodgate to the international portfolio managers for the effective utilization of fund. As the return in the emerging markets are more with a given level of risk than that of developed markets so the tendency of flow of funds from the developed economy towards the emerging one is very natural and justified. This trend has made the study about the impact of international diversification in emerging markets as an interesting one. Further it is very much relevant to know the impact of this international diversification on Indian capital market. In this paper an attempt has been made to examine the impact of international diversification and its effect on Indian capital market taking BSE and three exchanges from ASIA (Philippines, Malaysia, and Singapore) and one from America (Mexico). The study reveals that there is a lasting impact of international diversification on India Capital Market affected by the other emerging markets and the flow of FIIs.
关键词:BSE ; FII; International diversification; Indian capital market.