Impact of Brokerage Cost on Market Returns in India

Authors

  • V. Subramanian Bharat Sanchar Nigam Limited, Coimbatore

DOI:

https://doi.org/10.33516/maj.v48i2.163-174p

Abstract

No Abstract.

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Published

2013-02-01

How to Cite

Subramanian, V. (2013). Impact of Brokerage Cost on Market Returns in India. The Management Accountant Journal, 48(2), 163–174. https://doi.org/10.33516/maj.v48i2.163-174p

Issue

Volume 48, Issue 2, February 2013

Section

Financial Management
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References

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Carsten Burhop & Sergey Gelman (2010) "Transaction costs, liquidity and expected returns at the Berlin Stock Exchange" Max Planck Institute for Research on Collective Goods, Kurt-Schumacher-Str. 10, D-53113 Bonn http://www.coll.mpg.de

Source: J M Financials - members of BSE and NSE and their sub brokerage firm - Hadbest Financial services - Erode South India. Brokerage vary from firm to firm and volume of trade. But in normal trade, the rates given are market rates and assumed through out this study.

Alexander, Sidney S. "Price Movements In Speculative Markets: Trends Or Random Walks," Industrial Management Review, Ii (May, 1961), 7-26.

Appel, Gerald (1979). Technical Analysis Power Tools for Active Investors. Financial Times Prentice Hall. PP. 166.

Mahendra Raj And David Thurston.1996. 'Effectiveness of Simple Technical Trading Rules In The Hong Kong Futures Markets'. Applied Economics Letters, Volume 3, Issue 1 January Pages 33-36

Lai Ming-Ming and Lau Siok-Hwa. 2006, 'The Profitability of The Simple Moving Averages And Trading Range Breakout In The Asian Stock Markets', Journal of Asian Economics. Volume 17, Issue 1, February Pages 144-170

Camillio Lento (2009), 'Long Term Dependencies And The Profitability of Technical Analysis'. International Research Journal of Finance And Economics Issue 29