ASHOK RAZDAN

Nuclear Research Laboratory, Bhabha Atomic Research Centre, Trombay, Mumbai 400 085, India

Abstract.

In this paper we study Bombay stock exchange (BSE) index financial time series   for fractal and multifractal behaviour. We show that BSE index time series is monofractal and  can be represented by a fractional Brownian motion.

Keywords:  Fractals; multifractals; R/S analysis; scaling; stock markets.

Pacs Nos.  47.53.+n; 89.75.Da; 89.75.kd; 01.55.+b