Testing the Validity of Capital Asset Pricing Model (CAPM) in the Indian Stock Market

@inproceedings{Panwar2016TestingTV,
  title={Testing the Validity of Capital Asset Pricing Model (CAPM) in the Indian Stock Market},
  author={Vikrant Panwar},
  year={2016}
}
The capital asset pricing model (CAPM) is one of the most significant concepts in the financial investment literature which serves as a basis for the modern portfolio theories. The applicability of this model in deciding the asset prices has been rigorously tested by researchers over the years. However, the most significant studies in this regard have been conducted in context of a developed stock market and ,therefore, testing this model in context of a developing country like India may… CONTINUE READING