IJSRP, Volume 3, Issue 9, September 2013 Edition [ISSN 2250-3153]
Remya Ramachandran
Abstract:
The study aims at examining the efficiency of Indian Stock market by studying stock price and trading volume reaction resultant upon the corporate action information. If the market is efficient prices fully reflect all information and to evaluate there is no scope for abnormal returns and dramatic increase in the traded volume consequent upon such release of information. Here the efficiency of stock market is tested by analyzing the dissimilation of corporate event announcements like dividend, Stock Split, merger, Bonus issue.