Can Compatible Financial Markets Strengthen the Strategic Bilateral Partnership Among Countries? - A Case Study of India and Saudi Arabia

Zakiya Begum Sayed, J. Gayathri

Research output: Contribution to journalArticlepeer-review

Abstract

The recent sovereign moves to strengthen bilateral ties between India and Saudi Arabia has paved way to enhance Foreign Direct Investments FDIs and mutual
trade. In spite of long history of trade relations, the countries are yet to achieve the optimum success from their bilateral relationship. This paper looks into the
recent economic atmosphere in these two nations to evaluate the financial markets. It aims to test the mutual compatibility of these countries for future collaborated integration and strategic strengthening of the existing bilateral relationship. The recent happenings and events in the market related to these two countries are compared with the economic, demographic, socio, cultural comparison of facts from the World Bank and other authentic data providers. This paper analyzed the daily index from Tadawul for Saudi Arabia and BSE SENSEX for India from May 2010 to December 2014 using descriptive statistics and graphical analysis.
Original languageEnglish
Pages (from-to)43-49
Number of pages7
JournalInternational Journal of Research in Commerce, Economics and Management
Volume6
Issue number8
Publication statusPublished - 1 Aug 2016

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