id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ajfa-74	Seghal, Sanjay; Tripathi, Neeta	An Examination of Home Advantage (Bias) Argument in the Indian Financial Markets	2010	12	.pdf	application/pdf	5232	204	46	Both DFIs and FIIs seem to be attracted by equity market returns, thereby acknowledging positive feedback trading strategy but the latter seems to react faster than the former and thus negating the home advantage argument. Some document that foreign investors are at a disadvantage trading and holding foreign securities since they have less information about foreign markets and institutional settings (see Frankel and Schmukler, (2000), Kang and Stulz (1997)), while others support the view that foreign institutional investors can never be at a disadvantage trading relative to domestic institutional investors as they have better international expertise and talent and have considerable local resources (See Brennan Cao (1997), Seasholes (2000), Grinblatt and Keloharju (2000)).	cache/ajfa-74.pdf	txt/ajfa-74.txt