Factor Models in the Indian Stock Market: A Review and Research Agenda
Abstract
This paper provides a review of factor models in the Indian Stock Market.It discusses findings from various studies on the Fama-French three-factor and five-factor models.Studies addressing the suitability and relevance of these models for explaining returns on stock prices and sectoral indices are considered.The paper concludes with an elaborate discussion on scope for future work on this topic.
Fields of Study & Subjects
Financial Markets and Investment Strategies
Financial Analysis and Corporate Governance
Financial Risk and Volatility Modeling
Publication details
- Journal / source
- International Journal for Research Trends and Innovation
- Volume
- 11
- Issue
- 1
- Publication date
- 1 January 2026
- Language
- EN