1.
Dr. Shailesh Rastogi
2.
Ms. Shubha Johri
3.
Dr Vinay K Srivastava
Abstract
This world is a global village now. Financial trends have
become contagious in nature. Recession as well as recovery
gets percolated in no time from developed nation to
developing nations. As long as it is growth no issue props
up as such. But by the time the recessionary trends which
gets replicated at other places, global integration seems to
be a curse than boon. This paper endorses this fact with the
help of ANOVA models on Indian stock market when
recent US economic meltdown played havoc in the
financial markets all over the world including India.
Keywords: Dummy Variable, BSE SENSEX, FII, Volatility,
Stock Market