Volume-7, Number - 2  
Month: July - December, 2011
 Microstructure and Stock Returns Predictions

 Navita Nathani, Jaspreet Kaur & Shweta Dani
 Prestige Institute of Management, Gwalior - MP

Page No. 114

Purpose/Aim: This paper attempts to study the impact of stock market microstructures on return and volatility which will give a beneficial insight to the investors and organization to understand the concept.

Methodology/Approach : The analyst is facilitated by considering A and B type shares listed in BSE and the two major events namely Introduction of BOLT and Recession during the sampling frame.

Findings/Conclusion: The volatitlity of stocks is relative rate at which the price if the security moves up and down which can be evaluated by the reforms taken place in the stock market. The study revealed that there is no effect of events on the efficiency and volatility of the market.

Keywords: Microstructures, Stock Returns, BOLT, Recession, Volatility.