PT - JOURNAL ARTICLE AU - Vivek Bhargava AU - D.K. Malhotra TI - Foreign Institutional Investment And The Indian Stock Market AID - 10.3905/jwm.2015.17.4.101 DP - 2015 Jan 31 TA - The Journal of Wealth Management PG - 101--112 VI - 17 IP - 4 4099 - https://pm-research.com/content/17/4/101.short 4100 - https://pm-research.com/content/17/4/101.full AB - This article analyzes the impact of foreign institutional investment (FII) on the Indian stock market. The authors find that FII positively impacts the Indian stock market returns and the Bombay stock exchange turnover value. Further, the authors, find that FII “Granger causes” the stock market value and the turnover value to increase. The study employs GARCH and GJR-GARCH analyses in detail and concludes that, in spite of those influences, there is no evidence of volatility spillover from FII to the Indian stock markets.TOPICS: Security analysis and valuation, emerging, statistical methods, performance measurement