Sunday, June 26, 2011

MARKET QUALITY

My research topic revolves around assesing the impact of Microstructure innovations on Market quality at NSE.



  1. I am proposing to examine the issue from three stand points
  2. Market quality in terms of a) Informational Efficiency b) Market Volatility c) Market Integration
  3. I want to examine how various metrics can be used as proxy for these measures.
  4. Presently I am doing a survey of literature.

Saturday, June 25, 2011

Basic Skills for MBA ( Finance) students

I hope that many students doing project work for their MBA ( Finance) brush up on their following skills.

  1. How to type in MS-Word, Using MS-Excel for simple tasks of forming a table etc
  2. Browsing for required information on google and othe search engines.
  3. Getting required data from websites like http://www.nseindia.com,www.bseindia.com,www.sebi.gov.in/ and othe sites mentioned in a previous post.
  4. Basic report writing skills. 

Friday, June 24, 2011

My role models in Indian Academic Finance

I would like to share my role models in Academic Finance. Of course this cant be an exhaustive list. I tried to put whom ever I came across or read personally or through their writings.

  1. Ajay Shah definitely one of the top most thinkers in finance, economics and policy. His book on India's Financial Markets is a must read for any body remotely connected with Indian Finance.The book is full of empirical justifications rather than empty opinion.
  2. Susan Thomas . I admire for her clarity and depth in econometric treatment of financial markets. She has lot of top quality finance materials online for free download.
  3. J R Verma . Famous for Derivatives. I have used his book on DERIVATIVES & RISK MANAGEMENT for my class at VJIM.
  4. Kotha Kiran Kumar of NISM. I have attended two summer schools on EERF just to listen to his interpretation of Market Microstructure research and his unique way of analysing research papers. He shows you how to connect econometrics with finance.
  5. Prasanna Chandra . I have heard his lectures at my initial days at ICFAI.
  6. NJ Yasaswy for pioneering the the financial education revolution in India through ICFAI.
  7. SSS Kumar who is an alumni of SVUSBM whre I have also studied.
  8. M S Reddy has made initial impression on me at my SV University MBA days for his way of questioning.

Saturday, June 4, 2011

SOURCES OF FINANCIAL INFORMATION

Much of the information required by MBA students for their project work can be found on the web.Some of the frequently used sources are

  1. Government Owned websites : Securities and Exchange Board of India (SEBI) http://www.sebi.gov.in/
  2. Reserve Bank Of India   http://www.rbi.org/
  3. Ministry Of Finance  http://www.finmin.nic.in/
  4. Stock Exchange Websites : National Stock Exchange ( NSE) http://www.nseindia.com/
  5. Bombay Stock Exchange http://www.bseindia.com/
  6. Multi Commodity Exchange http://www.mcxindia.com/
  7. Financial Magazine / Newspaper websites: Business Standard  http://www.businessstandard.co.in/
  8. Hindu Business Line  http://www.thehindubusinessline.com/
  9. Financial Express  http://www.financialexpress.com/
  10. Wall street Journal  http://www.india.wsj.com/
  11. Financial Times  http://www.ft.com/
  12. Economic Times http://www.economictimes.indiatimes.com/
  13. Mint http://www.livemint.com/
  14. Business Today http://www.businesstoday.intoday.in/
  15. Business India  http://www.businessindiagroup.com/
  16. Economist  http://www.economist.com/
  17. Capitalmarket  http://www.capitalmarket.com/
  18. Indiainfoline  http://www.indiainfoline.com/
  19. Equitymaster  http://www.equitymaster.com/
  20. CRISIL  http://www.crisil.com/
  21. Moneycontrol  http://www.moneycontrol.com/
  22. CARE  http://www.careratings.com/
  23. Myiris  http://www.myiris.com/
  24. Bloomberg  http://www.bloomberg.com/
  25. Reuters      http://www.reuters.com/

Market Structure differences 2010 Vs 2020

Some of the changes I have observed in Market structure in 2020 compared to around 2010 Huge increase in trading Volumes Predominant ...