Assimilation between Bond Market and Stock Market

1
Dr. Roopali Patoda
Dr. Roopali Patoda
2
Dr. Kapil Jain
Dr. Kapil Jain PhD M.Phil M Com, Doctor of Philosophy (PhD) in Management from Institute of Management Studies, Devi Ahilya University, Indore.
1 IIPS, DAVV Indore.

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GJMBR Volume 12 Issue B20

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The research work deals with studying of the relation between shares and bonds and comparative analysis of stock (shares) which are listed on stock market exchange and bonds (Government Securities) which are listed in NSE Government security index, which issued in whole sale debt market. For evaluating the relation between stock and bond market to study the comparative analyses of both markets and also finds out the correlation and cointegration between both markets, whether these markets correct each other or not. The objective of this paper is to scrutinize the correlation and linkage structure of stock and bond return across different time-phase horizon between stock and Bond Market Indices over a period from January 2005 to Dec 2010. The findings outbuilding some light on the presence of mean deteriorating arrangement of correlation across changed economic environments. During the economic richness, there is an indication of positive and significant correlation between bond and stock returns.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

Dr. Roopali Patoda. 1970. \u201cAssimilation between Bond Market and Stock Market\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 12 (GJMBR Volume 12 Issue B20): .

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GJMBR Volume 12 Issue B20
Pg. 41- 52
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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The research work deals with studying of the relation between shares and bonds and comparative analysis of stock (shares) which are listed on stock market exchange and bonds (Government Securities) which are listed in NSE Government security index, which issued in whole sale debt market. For evaluating the relation between stock and bond market to study the comparative analyses of both markets and also finds out the correlation and cointegration between both markets, whether these markets correct each other or not. The objective of this paper is to scrutinize the correlation and linkage structure of stock and bond return across different time-phase horizon between stock and Bond Market Indices over a period from January 2005 to Dec 2010. The findings outbuilding some light on the presence of mean deteriorating arrangement of correlation across changed economic environments. During the economic richness, there is an indication of positive and significant correlation between bond and stock returns.

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Assimilation between Bond Market and Stock Market

Dr. Roopali Patoda
Dr. Roopali Patoda IIPS, DAVV Indore.
Dr. Kapil Jain
Dr. Kapil Jain

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