It is a great pleasure to present my doctoral thesis in the form of a book entitled Information Efficiency of Indian Stock Markets. 1.Information Efficiency of Indian Stock Markets - Volume I (Test of Weak Form Efficiency) 2.Information Efficiency and Indian Stock Markets- Vol. II (A Test of Semi Strong Form Efficiency) The book represents the research findings of information efficiency of Indian bourses during various market phases. Volume I of the book discusses in detail the random behavior of stock prices on Indian stock markets and tells the intensity of weak form efficiency. Volume II...