(3.20.224.107)
Users online: 14770     
Ijournet
Email id
 

Asian Journal of Research in Banking and Finance
Year : 2011, Volume : 1, Issue : 3
First page : ( 40) Last page : ( 57)
Online ISSN : 2249-7323.

Sustainability of value and growth investment strategies

Ms. Bajwa Rubeena, Assistant Professor

Rayat Bahra Institute of Management, Vil.: Bohan, Chandigarh, Hoshiarpur Road Distt.:, Hoshiarpur, Punjab-146104.

Online published on 14 December, 2011.

Abstract

Value and growth investing strategies have gained more importance in the recent times. The present study examines the performance of value and growth stocks during the rising & falling trends of Indian stock market. The study focuses on the mechanics of different factors putting impact on the returns earned by the categorized stocks for the bearish phases of 2001 & 2009 and bullish phases of 2003 & 2005. Our findings suggest that growth stocks have outperformed value stocks in all phases of the Indian stock market and there are no evidences of Value premium in the Indian economy. Value stocks have been more adversely affected during the economic downturns and also the returns variability have been higher for these strategies.

Top

Keywords

Style Analysis, Value & Growth stocks, Bullish & bearish phase.

Top

  
║ Site map ║ Privacy Policy ║ Copyright ║ Terms & Conditions ║ Page Rank Tool
754,734,803 visitor(s) since 30th May, 2005.
All rights reserved. Site designed and maintained by DIVA ENTERPRISES PVT. LTD..
Note: Please use Internet Explorer (6.0 or above). Some functionalities may not work in other browsers.