Possible Investment Strategies in Indian Stock Market

Gagari Chakrabarti () and Chitrakalpa Sen ()
Additional contact information
Gagari Chakrabarti: Presidency University
Chitrakalpa Sen: Auro University

Chapter Chapter 3 in Momentum Trading on the Indian Stock Market, 2013, pp 55-68 from Springer

Abstract: Abstract This chapter explores the presence of possible and profitable investment strategies in the Indian stock market. The exploratory factor analysis used in Chap. 2 explored the presence of a distinct latent structure in the Indian stock market. Given the latent structures in the BSE and NSE, it is indeed possible for investors to design profitable investment strategies. Both risk-averse and risk-loving investors might find portfolios suitable for them based on different indicators such as return, risk-adjusted return, systematic, and unsystematic risk. The nature of such portfolios, however, has changed over time. The financial crisis of 2007–2008 has affected some sectors adversely, while some have been able to avoid the impact of the crisis. Some defensive sectors have emerged out of the crisis with an aggressive tenor. Portfolios in BSE and NSE moreover have some characteristics in common. Such discernable patterns in portfolio choice, however, will put Efficient Market Hypothesis on trial.

Keywords: Investment strategy; Risk-adjusted return; Unique risk; Market risk; Portfolio construction (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-81-322-1127-3_3

Ordering information: This item can be ordered from
http://www.springer.com/9788132211273

DOI: 10.1007/978-81-322-1127-3_3

Access Statistics for this chapter

More chapters in SpringerBriefs in Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().