The Effect of Seasonality over Stock Exchanges in India

  • Ved Prakash Bansal Satyawati College (Eve.), University of Delhi
DOI: https://doi.org/10.48001/jbmis.2017.0401008
Keywords: Seasonality, Bombay stock exchange, Correlogram

Abstract

This study investigated to examine stock market seasonality effect in Indian stock market for Bombay Stock Exchange (BSE) 100. The monthly return data of BSE 100 for the period from April, 2001 to March, 2016 was used for analysis. After examining the stationarity of the return series and correlogram, regression equation & ARIMA model is used to find the monthly effect in stock returns in India. The results confirmed the existence of seasonality in stock returns in India.

Published
2017-06-30
How to Cite
Bansal, V. (2017). The Effect of Seasonality over Stock Exchanges in India. Journal of Business Management and Information Systems, 4(1), 65-72. https://doi.org/10.48001/jbmis.2017.0401008
Issue
Vol 4 No 1 (2017)
Section
Articles

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