Emerging Characteristics of Capital Market Efficiency : An Empirical Study of Nifty 50 Stocks

Authors

  • Dipen Roy North Bengal University, Darjeeling
  • Dipankar Bhaumik Birpara College, Alipurduar

DOI:

https://doi.org/10.33516/maj.v57i8.41-46p

Keywords:

No Keywords.

Abstract

While the Indian stock markets are gradually getting integrated with the developed stock markets across the world, many scholars get landed to the puzzling findings that stock markets in India are not efficient. The authors of this paper produce arguments to support that Indian stock markets have every evidence of market efficiency. Applying Normality Test to the daily stock prices of Nifty 50 stocks, the authors notice that some of the stocks satisfy the normality test, while other stocks fail to pass the normality test. The results are very much consistent because all stocks are not equally attractive and these are never traded with equal frequency.

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Published

2022-08-01

How to Cite

Roy, D., & Bhaumik, D. (2022). Emerging Characteristics of Capital Market Efficiency : An Empirical Study of Nifty 50 Stocks. The Management Accountant Journal, 57(8), 41–46. https://doi.org/10.33516/maj.v57i8.41-46p

Issue

Volume 57, Issue 8, August 2022

Section

Cover Story
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Europe PMC

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