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The em ergence o f the Fils in stock m arket has been a debatable issue. Beside others, the above... more The em ergence o f the Fils in stock m arket has been a debatable issue. Beside others, the above may be attributed to the absence o f adequ ate em pirical evidence abou t the im pact ofFIIs on the volatility an d return o f the underlying stock market. Since, In dia is not an exception o f the above, in this paper we have m ade an attem pt to review the existing studies on the subject under reference with the aim to conclude this debatable issue. The finding reveal that according to the results o f around fifty percent o f the studies reviewed here in the volatility o f the underlying^stock m arket has increase significantly. ThpSrdmaining all studies (except one), h ow ev en jm icatjk no im pact on the volatility. A b o u t/m e im pacV m ajority o f time research stu. arrival in&eased the return i market.
The em ergence o f the Fils in stock m arket has been a debatable issue. Beside others, the above... more The em ergence o f the Fils in stock m arket has been a debatable issue. Beside others, the above may be attributed to the absence o f adequ ate em pirical evidence abou t the im pact ofFIIs on the volatility an d return o f the underlying stock market. Since, In dia is not an exception o f the above, in this paper we have m ade an attem pt to review the existing studies on the subject under reference with the aim to conclude this debatable issue. The finding reveal that according to the results o f around fifty percent o f the studies reviewed here in the volatility o f the underlying^stock m arket has increase significantly. ThpSrdmaining all studies (except one), h ow ev en jm icatjk no im pact on the volatility. A b o u t/m e im pacV m ajority o f time research stu. arrival in&eased the return i market.