IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/66494.html
   My bibliography  Save this paper

Evidences of efficient investment portfolio in Indian capital markets-An analysis based on BSE and NSE indices

Author

Listed:
  • Mehta, Deepshikha

Abstract

A decent budgetary portfolio is nothing more, and nothing less, than an accumulation of advantages that develop in quality and produce abundance money for the financial specialist to spend or reinvest. Markowitz (1959) is one of the pioneers of present day portfolio hypothesis. Generally, the measure of danger utilized as a part of portfolio advancement models is the fluctuation. On the other hand, option measures of danger i.e., beta (un-standardized coefficient) has been utilized by Sharpe as a part of single file model. This paper goes for applying so as to build an ideal portfolio Sharpe's single record model. For this reason the day by day shutting costs of 50 organizations recorded on the National Stock Exchange (NSE) which include the Nifty Index would be considered for the period July 2012 to June 2014. The study shows financial specialist ought to be making interest in HCL Technologies Ltd. with an extent of 77.91%, and Housing Development Finance Corporation Ltd. with an extent of 22.09%. Financial specialist is obliged to short offer Bharat Petroleum Corporation Ltd., Asian Paints Ltd., United Spirits Ltd., and Bharti Airtel Ltd., stocks to expand portfolio return. This paper would be of extensive importance and valuable to the different financial specialists in determination of stocks for their portfolios.

Suggested Citation

  • Mehta, Deepshikha, 2015. "Evidences of efficient investment portfolio in Indian capital markets-An analysis based on BSE and NSE indices," MPRA Paper 66494, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:66494
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/66494/1/MPRA_paper_66494.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kamal, Javed Bin, 2012. "Optimal portfolio selection in ex ante stock price bubble and furthermore bubble burst scenario from Dhaka stock exchange with relevance to sharpe’s single index model," MPRA Paper 60610, University Library of Munich, Germany.
    2. Sinha, Pankaj & Jayaraman, Prabha, 2012. "Empirical analysis of the forecast error impact of classical and bayesian beta adjustment techniques," MPRA Paper 37662, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Debajit RABHA & Rajkumar Giridhari SINGH, 2021. "Application of single Sharpe index on the optimal portfolio construction using Indian blue-chip stocks," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(629), W), pages 135-150, Winter.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mehta, Deepshikha, 2015. "Evidences of Efficient Investment Portfolio in Indian Capital Markets - An Analysis Based on BSE and NSE Indices," EconStor Preprints 117335, ZBW - Leibniz Information Centre for Economics.

    More about this item

    Keywords

    Indian capital market; Efficient Investment Portfolio; Stock markets; nvestment; NSE; BSE;
    All these keywords.

    JEL classification:

    • G0 - Financial Economics - - General
    • G1 - Financial Economics - - General Financial Markets
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G13 - Financial Economics - - General Financial Markets - - - Contingent Pricing; Futures Pricing
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:66494. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.