01
Original Article
Open Access
Securities Transaction Tax Reduction and Stock-Futures Arbitrage in India: A Case Study
Ronald T. Slivka, Pankaj Aggarwal, Raghvendra Sisodia
· pp. 4–11
UK Sinha, Chairman of the Securities Exchange Board of India (SEBI) announced in November, 2011 that SEBI had engaged the Ministry of Finance in a discussion, that would hopefully lead to a reduction of India's Securities Transaction Tax (STT) - …
Keywords:
Securities Transaction Tax, STT, India Futures, Single Stock Futures, Arbitrage, Zero Arbitrage Band, India, Forward Arbitrage
02
Original Article
Open Access
Determinants of Share Prices: An Empirical Study on the Services Sector in India
Jaideep Gulabrao Jadhav, Kunal Shriniwas Badade
· pp. 12–24
In the last decade and half, many emerging capital markets have undergone drastic changes in terms of markets, micro-structure changes, specifically in secondary markets. The researchers focus on the various determinants of equity share prices with reference to the Indian …
Keywords:
Market Price of Equity Share, Earnings Per Share, Dividend Per Share, Book Value Per Share, Price Earnings Ratio, Dividend Yield, Securities Exchange of India, Bombay Stock Exchange, National Stock Exchange
03
Original Article
Open Access
Working Capital Structure and Liquidity Analysis: An Empirical Research of Gujarat Textiles Manufacturing Industry
Rakesh Kumar Manjhi, S. R. Kulkarni
· pp. 25–35
The structure of working capital and liquidity analysis plays a vital role in the process of wealth maximization of shareholders. The firms should, therefore, make wise investment in various components of current assets. Having made an attempt to study the …
Keywords:
Working Capital, Wealth Maximization, Current Ratio, Quick Ratio, Liquidity Position and Analysis of Variance (ANOVA)
04
Original Article
Open Access
Perception and Behaviour of Mutual Funds Investors In Indore, Madhya Pradesh
Ravi Vyas, Suresh Chandra Moonat
· pp. 36–42
The concept of Mutual funds has been on the financial landscape for long in a primitive form. The story of the M F industry in India started in 1963, with the formation of the Unit Trust of India at the …
Keywords:
Investor Behavior, Risk-Return Analysis, Investment Preference, SIP, STP, Investor Education, Investment Psychology etc
05
Original Article
Open Access
Financial Sector Reforms and the Role of Central Bank in India: A Post-Global Financial Crisis Perspective
Tarun Bala, Devender Singh
· pp. 43–50
Indian Financial institutions have largely escaped the effects of the unfettered operation of financial markets. The present analysis arises in the wake of the recent global financial crisis and apprehensions for the need of policy reforms in the financial sector. …
Keywords:
Financial Sector Reforms, Central Bank in India, Post Global Financial Crisis Perspective, Union Budget, Committee Reports
