| Previous studies give contradictory results on whether Indian stock market is integrating with that of US stock market. We applied the diverse methodology such as Granger Casualty, Johnson co integration test and Impulse response to find consistent results that USA stock market affect Indian stock market. The results are consistent in both crisis and post crisis period. Investors are not diversifying their risk profile, when they are investing into global markets. They are equally vulnerable to any crisis, whether they are investing in Indian stock market or in USA market |