Using monthly data of FII inflow, outflow, BSE Sensex and Nifty returns from April 2007 to October 2013, Granger-causality approach in a bi-variate VAR framework has been used to investigate the causality between FII flow and stock market returns. Augmented Dickey Fuller (ADF) test has been...
had a net inflow of capital c. had a po The account which measures the difference between the receipts of investment capital and credit to finance imports and exports and the payments of the same to the rest of the world is known as: A. Finance acco...