... and Section 5 summarises our study and highlights the major implications. Stock markets Smart Beta Factor-based portfolios Strategic indices Market phases G10 G110 Passive index-based investing is gaining popularity in recent times as active funds failed to generate high alphas...

...Abhijeet Chandra Purpose The purpose of this paper is to examine the direction of causality between foreign institutional investment (FII) trading volume and stock market returns in the Indian context. There is evidence of uni‐directional causalities from stock returns to FII flows across various...