Scaling in the Bombay Stock Exchange Index

In this paper we study BSE Index financial time series for fractal and multifractal behaviour. We show that Bombay stock Exchange (BSE)Index time series is mono-fractal and can be represented by a fractional Brownian motion.Comment: 11 pages,3 figure

Some aspects of the mm-adic analysis and its applications to mm-adic stochastic processes

In this paper we consider a generalization of analysis on $p$-adic numbers field to the $m$ case of $m$-adic numbers ring. The basic statements, theorems and formulas of $p$-adic analysis can be used for the case of $m$-adic analysis without changing. We discuss basic properties of $m$-adic numbers and consider some properties of $m$-adic integration and $m$-adic Fourier analysis. The class of infinitely divisible $m$-adic distributions and the class of $m$-adic stochastic Levi processes were introduced. The special class of $m$-adic CTRW process and fractional-time $m$-adic random walk as the diffusive limit of it is considered. We found the asymptotic behavior of the probability measure of initial distribution support for fractional-time $m$-adic random walk.Comment: 18 page