chapter  30
16 Pages

■ Stock Market Volatility and Market Risk in Emerging Markets: Evidence from India

USD 213.39 billion in 2006.* The main beneficiaries of this increase were the emerging Asian economies, whose share of these flows increased from 9.5% to 67.4% over the same period. A significant proportion of this investment was in equities, the proportion being as high as 90% in countries like India.