In a country like India where the stock
market is undergoing significant transformation with
liberalization measures, and the analysis of the nature of
integration with other developed and emerging markets would
not only give an idea of the possible gains to be reaped out
of portfolio diversification from Indian market, but may
also provide some indication of the vulnerability of the
countrys stock market in case of a regional financial
crisis and consequent reversal of capital flows from the
...