DETAILS:

Author(s) : Srinivasan Palamalai and M Kalaivani

Year : 2015
Name of Journal: Are Indian Stock Markets Weak-Form
Efficient? Evidence from NSE and BSE Sectorial Indices
Volume: Vol. 12 (XII)
Issue: No. 4
Page number: 29 pages

- RESEARCH
OBJECTIVES(s)
-RESEARCH
QUESTION(s)

Research Objective:
To investigates weak form efficiency in Indian stock market
by considering the daily closing prices
of 13 and 10 sectorial indices of Bombay Stock Exchange
(BSE) and National Stock Exchange
(NSE) along with the BSE SENSEX and CNX NIFTY.
Research Question:

- HYPOTHESES

Does Indian Stock market achieve weak form efficiency?

Hypotheses:
1)
Variables:

METHODOLOGY:
Eg: Scope of study,
Respondent type &
number,

Analysis used:

FINDINGS &
DISCUSSION:

Reject the hypothesis. The finding in this research shown the

1) Parametric test autocorrelation test, unit root test

(augmented Dickey-Fuller test) and variance ratio test.
2) Nonparametric tests-Runs test

Indian market (portfolios of NSE and BSE) do not supported

the random walk hypothesis. Indian stock markets are in
weak-form inefficient. Hence, investors may form trading
strategies which studying past information to estimate future
price in order to have abnormal returns.

FUTURE STUDY /
RECOMENDATION

Article 1

Title of Journal Article: Are Indian Stock Markets Weak-Form Efficient? Evidence
from NSE and BSE Sectorial Indices

Article 2
DETAILS:

Author(s) : Md. Siddikur Rahman, H. M. Simon and Md.

Murad Hossain
Year : 2016
Name of Journal: An Empirical Analysis of Weak Form
Market Efficiency: Evidence from Chittagong Stock
Exchange (CSE) of Bangladesh
Volume: Issue: No. 3
Page number: 9 pages

- RESEARCH
OBJECTIVES(s)
-RESEARCH
QUESTION(s)

Research Objective:

- HYPOTHESES
- VARIABLES:
Eg: Dependent
variables,
Independent
variables
METHODOLOGY:
Eg: Scope of study,
Respondent type &
number

Hypotheses:

FINDINGS &
DISCUSSION:
Eg: Types of
relationships
(support or not),
Reliability &
variance
FUTURE STUDY /
RECOMENDATION

Research Question:

Analysis used :

Title of Journal Article: An Empirical Analysis of Weak Form Market Efficiency:

Evidence from Chittagong Stock Exchange (CSE) of
Bangladesh
Article 3
Title of Journal Article: Efficiency of Malaysian stock market: A revisit based on
analysts recommendations
DETAILS:

Author(s) : Ling Pick Soon and Ruzita Abdul-Rahim

Year : 2016
Name of Journal: Efficiency of Malaysian stock market: A
revisit based on analysts recommendations
Volume: Vol. 12
Issue: No.2
Page number: 14 pages

- RESEARCH
OBJECTIVES(s)
-RESEARCH
QUESTION(s)

Research Objective:

- HYPOTHESES
- VARIABLES:
Eg: Dependent
variables,
Independent
variables
METHODOLOGY:
Eg: Scope of study,
Respondent type &
number, Analysis
used

Hypotheses:

FINDINGS &
DISCUSSION:
Eg: Types of
relationships
(support or not),
Reliability &
variance

Research Question:

Analysis used :

FUTURE STUDY /
RECOMENDATION

Article 4
Title of Journal Article: Empirical test of the strong form efficiency of the Warsaw
stock exchange: the analysis of WIG 20 index shares.
DETAILS:

Author(s) : Tomasz Potocki and Tomasz wist

Year : 2015
Name of Journal: Empirical test of the strong form
efficiency of the Warsaw stock exchange: the analysis of WIG
20 index shares.
Volume: Vo. 10
Issue: No. 2
Page number: Page 18

- RESEARCH
OBJECTIVES(s)
-RESEARCH
QUESTION(s)

Research Objective:

- HYPOTHESES
- VARIABLES:
Eg: Dependent
variables,
Independent
variables
METHODOLOGY:
Eg: Scope of study,
Respondent type &
number, Analysis
used

Hypotheses:

FINDINGS &
DISCUSSION:
Eg: Types of
relationships
(support or not),

Research Question:

Analysis used :

Reliability &
variance

FUTURE STUDY /
RECOMENDATION