TY - JOUR T1 - Foreign Institutional Investment And The Indian Stock Market JF - The Journal of Wealth Management SP - 101 LP - 112 DO - 10.3905/jwm.2015.17.4.101 VL - 17 IS - 4 AU - Vivek Bhargava AU - D.K. Malhotra Y1 - 2015/01/31 UR - https://pm-research.com/content/17/4/101.abstract N2 - This article analyzes the impact of foreign institutional investment (FII) on the Indian stock market. The authors find that FII positively impacts the Indian stock market returns and the Bombay stock exchange turnover value. Further, the authors, find that FII “Granger causes” the stock market value and the turnover value to increase. The study employs GARCH and GJR-GARCH analyses in detail and concludes that, in spite of those influences, there is no evidence of volatility spillover from FII to the Indian stock markets.TOPICS: Security analysis and valuation, emerging, statistical methods, performance measurement ER -