Comparing the Volatility of Returns in Indian and Chinese Information Technology Sector
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Abstract
The growth in Indian and Chinese economies has been attributed to major reforms in the modus
operandi of the capital market of the two economies. The stock market performance of the two
leading economies of Asia has been a topic of discussion globally; especially after 2008. In the
present research, the researcher has compared the performance and stock market volatility of
Indian and Chinese I.T. Indices Returns during 2004 to 2017 i.e. thirteen years. Information
Technology sector forms one of the major industries of any economy and contributes to the GDP
of that economy as well. Present study uses advance econometric tools like ADF test to study
stationarity, statistical tools to compare performance and Garch (1,1) model to study the volatility
pattern of the I.T. sector indices of the two economies. The results were calculated on E-Views 8
software
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License
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