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Abstract

Change in the stock prices is a matter of grave concern for every investor. Even the investors who venture their capital in the long-run investments sensitively react, in one way or another, towards the changes and fluctuations in stock prices. Businesses, comparative study of other economic concerns, and evaluation of managerial efficiency will strongly influence the decisions taken by investors.
This research aims to focus on the market (price) prediction. When prices are predictable, it will he possible to handle the situation for more efficiency to the expense of some other
investors. To carry out the experiment, we have adopted a non-parametric method known as “turnover test”.