Category Archives: Capital Markets

The financing and growth of firms in China and India : evidence from capital markets

Posted on April 6, 2013 by Gopakumar

by Tatiana Didier and Sergio L. Schmukler WB Policy Research Paper WPS 6401, April 2013 This paper studies the extent to which firms in China and India use capital markets to obtain financing and grow. Using a unique data set … Continue reading →

Posted in Capital Markets, China, Finance, Growth, India | Comments Off

Modeling exchange rate dynamics in India using stock market indices and macroeconomic variables

Posted on April 5, 2013 by Gopakumar

by Pankaj Sinha and Deepti Kohli MPRA Paper no.45816, January 2103 Predicting currency movements is perhaps one of the hardest exercises in economics as it has many variables affecting its market movement. This study concerns with some of the usual … Continue reading →

Posted in Capital Markets, Exchange rate, India, Macroeconomics | Comments Off

Distribution fees and mutual fund flows: Evidence from a natural experiment in the Indian mutual funds market

Posted on March 6, 2013 by Anitha

Santosh Anagol, Vijaya Marisetty, Renuka Sane and Buvaneshwaran Venugopal WP-2013-004 Mutual fund companies typically charge investors distribution fees, such as 12b-1 fees in the United States, which they then use to pay commissions to brokers. We evaluate a major Indian … Continue reading →

Posted in Capital Markets, Mutual Funds | Comments Off

Risk-On/Risk-Off, Capital Flows, Leverage, and Safe Assets

Posted on February 19, 2013 by Gopakumar

by Robert N. McCauley ADBI Working Ppaer no.405, January 2013 This paper describes the international flow of funds associated with calm and volatile global equity markets. During calm periods, portfolio investment by real money and leveraged investors in advanced countries … Continue reading →

Posted in Capital Flows, Capital Markets, International Finance | Comments Off

Distribution fees and mutual fund flows: Evidence from a natural experiment in the Indian mutual funds market

Posted on February 13, 2013 by Gopakumar

by santhosh anagol; Vijaya Marisetty; Renuka Sane and B. Venugopal IGIDR Working Paper no.2013-004,  February 2013 Mutual fund companies typically charge investors distribution fees, such as 12b-1 fees in the United States, which they then use to pay commissions to … Continue reading →

Posted in Capital Markets, Financial crisis, India, Mutual Funds, United States | Comments Off

Private Equity Trends and Exits in the Indian Market

Posted on December 12, 2012 by Gopakumar

by Rama Seth and Rohan Chinchwadkar IIMC WPS No.717/November 2012 Private equity (PE) investors provide capital to private companies, usually for expansion, new product development, or restructuring of the company’s operations, management, or ownership. As the firm grows, PE investors … Continue reading →

Posted in Capital Markets, India, Private investment, Stock market | Comments Off

Whether Cross-Listing, Stock-specic and Market-wide Calendar Events impact Intraday Volatility Dynamics? Evidence from the Indian Stock Market using High-frequency Data

Posted on November 30, 2012 by Gopakumar

by Sobhesh Kumar Agarwalla and Ajay pandey IIMA Wp No. 2012-11-03, November 2012 Using high-frequency stock price data, we investigate the e ect of various stock- speci c and market-wide events on intraday volatility dynamics in the Indian market. Modeling … Continue reading →

Posted in Capital Markets, India, Stock market | Comments Off

RBI Occasional papers Vol. 32 No. 2 : Monsoon 2011

Posted on November 1, 2012 by Gopakumar

Published by Reserve Bank of India, 31 October 2012 Contents: How Asymmetric is the monetary policy transmission to financial markets in India? by Bhupal Singh Industry Effects of Monetary Transmission Mechanism in India: An Empirical Analysis of Use-based Industries. by … Continue reading →

Posted in Capital Markets, Finance, India, Monetary Policy | Comments Off

Impact of the Introduction of Call Auction on price discovery: Evidence from the Indian Stock MarketUsing High-Frequency Data

Posted on October 16, 2012 by Gopakumar

by Sobhesh Kumar Agarwalla; Joshy Jacob and Ajay Pandey IIMA WP no. 2012-10-03, October 2012 Call markets are claimed to aggregate information and facilitate price discovery where continuous markets may fail. Its advantage, however, comes at the cost of imme-diacy. … Continue reading →

Posted in Capital Markets, Emerging Markets, India, Stock market | Comments Off

Liquidity changes around bonus and rights issue announcements: Evidencefrom manufacturing and service sectors in India

Posted on September 12, 2012 by Gopakumar

by Madhury Makhotra; M. Thenmozhi and Arun Kumar Gopalaswamy MPRA Paper no.41216, September 2012 This paper examines the stock price liquidity changes before and after the bonus and rights issue announcements. Liquidity measured using raw trading volume ratio, relative trading … Continue reading →

Posted in Capital Markets, India, Indian Manufacturing, Service sector, Stock market | Comments Off