International Journal of Managment, IT and Engineering
  • Year: 2013
  • Volume: 3
  • Issue: 5

Formulation of strategy applying quantifiable financial indicators for long term stock market in India

  • Author:
  • Upasna Joshi, Neeti Khullar
  • Total Page Count: 16
  • Page Number: 343 to 358

*Associate Professor, Department of Management, Punjabi University, Centre for IT & Management, Mohali

**Research Scholar, School of Management, Punjabi University, Patiala

Online published on 24 October, 2013.

Abstract

The Capital market scenario in India has been changed. Thus it is important to develop and integrate the useful financial indicators into an overall system of market prediction and thereby evolve a strategy. We include the fifty companies listed on the index NSE Miscap50. The data is related to the year 2005–2010. The result of the empirical study showed that the investors should look for two important variables namely Yield and Beta before making investment decision and also reveals that the closing price of the share depends on Yield and Beta.

Keywords

Financial indicators, share market, Strategy, Investment decision