Vol. 4, Issue 4, Part F (2018)

Abstract
The present paper explores stock market interdependence between India and Singapore with specific reference to the Global Financial Crisis 2008-09. The data set span for a period of eleven years from April 2007 to March 2018. The long-run relationship has been tested for the three periods [pre-crisis, crisis, and post-crisis]. For this purpose, Johansen’s cointegration test, ARDL, VECM, Impulse response function and variance decomposition has been applied. The results obtained in the study suggest that all the markets analyzed reacted differently in different period.