• Mrs. Sabita Rani Lal
• Mrs. Nivedita Bose
• Mrs. Deepa

Financial integration occurs when financial markets in neighbouring, regional, or global economies are linked directly. Several Indian corporations have opted to list on foreign stock markets as a result of globalisation or internationalisation. Many challenges occur in this context, including the integration of the Indian stock market with global markets. The degree of market integration and the two major markets' effect on the Indian stock market. The purpose for this research is that, while much research has been done on stock market integration, the focus has mostly been on developed markets. Despite its worldwide economic and political relevance, stock market integration in the Indian area has received insufficient attention. The research looked at the informal link between three major stock exchanges: the Bombay Stock Exchange, the New York Stock Exchange, and the London Stock Exchange. This article investigates whether Indian stock market reform has resulted in integration with established stock markets throughout the world. According to the report, the Indian stock market is not yet co-integrated with the developed market, contrary to popular opinion. Of fact, there is some short-term influence, albeit it is unidirectional for obvious reasons. According to the report, while certain beneficial measures have been made that have resulted in a significant improvement in the Indian stock market, these are likely insufficient to make the market mature and hence not yet integrated with developed stock markets.

Stock market, Financial Integration, Covid – 19, SENSEX, NYSE, FTSE.

"Financial Integration of Indian stock market with major global stock markets", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 5, page no.e429-e434, May-2022, Available :http://www.jetir.org/papers/JETIR2205553.pdf

"Financial Integration of Indian stock market with major global stock markets", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 5, page no. ppe429-e434, May-2022, Available at : http://www.jetir.org/papers/JETIR2205553.pdf