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Correlating Indian Stock Indices (BSE) With American Stock Indices (Nasdaq) MBA Project

This is a research report on Correlating Indian Stock Indices (BSE) With American Stock Indices (Nasdaq) MBA Project uploaded by Rajesh Sekar in category: All Documents »  Finance »  Global Financial Management section of our research repository.
2975 views, 0 comments, Last Update: Feb 19, 2013.
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There is an overall positive as well as negative correlation of returns between the BSE sensex and NASDAQ stock exchange, because out of (12) month data collected (10) months have positive correlation and (2) months have negative correlation on returns. It shows that when BSE is increasing NASDAQ is decreasing and vice-versa because financial institutions are the main investors in BSE sensex



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