Indian Stock Market Dominates Global Markets, Driving Economic Trends Worldwide.
The study looked at how the Bombay Stock Exchange (BSE) is connected to other stock markets like FTSE, Hangseng, JKSE, and more. They found that BSE is highly correlated with FTSE, Hangseng, JKSE, and others. The results show that BSE influences these markets, but they do not affect BSE. This means that these markets depend on BSE, but BSE is not affected by them.