Integration of Market across the Globe: A Study of Select Macroeconomic Variables on Price Behaviour
Author(s): Himanshi Garg, Dr. Shakti Singh, Lakshay Garg
Authors Affiliations:
1 Research Scholar (PhD), Department of Commerce, Maharshi Dayanand University, Rohtak.
2 Associate Professor, Department of Commerce, Maharshi Dayanand University, Rohtak.
3 Research Scholar (PhD), Department of Commerce, Maharshi Dayanand University, Rohtak.
DOIs:10.2015/IJIRMF/202602034 | Paper ID: IJIRMF202602034Abstract: The integration of global financial markets has intensified the influence of macroeconomic variables on stock price behaviour, particularly for firms listed across national boundaries. Indian companies listed both in domestic stock exchanges and in the United States are exposed to multiple macroeconomic environments simultaneously. This study provides a descriptive and conceptual analysis of the impact of three key macroeconomic variables—inflation rate, interest rate and exchange rate—on the price behaviour and price Comovement of Indian stocks listed in India and the United States. By developing an India–US macroeconomic transmission framework, the paper explains how price stability and currency movements shape investor behaviour and cross-market price alignment. The study offers insights for investors, policymakers, and corporations operating in an increasingly integrated financial system.
Himanshi Garg, Dr. Shakti Singh, Lakshay Garg (2026); Integration of Market across the Globe: A Study of Select Macroeconomic Variables on Price Behaviour, International Journal for Innovative Research in Multidisciplinary Field, ISSN(O): 2455-0620, Vol-12, Issue-2, Available on – https://www.ijirmf.com/