Test of Random Walk Hypothesis in Indian Stock Market, and Verify Any Relationship Between Market Efficiency and Liquidity
Published online on June 07, 2025
Abstract
Global Business Review, Ahead of Print.
The debate over the efficient market hypothesis (EMH) has been getting louder, and the extent to which market liquidity affects efficiency needs an answer. This study verifies the random walk hypothesis (RWH) in the Indian capital market using a large set ...
The debate over the efficient market hypothesis (EMH) has been getting louder, and the extent to which market liquidity affects efficiency needs an answer. This study verifies the random walk hypothesis (RWH) in the Indian capital market using a large set ...