Stock market response to union budget.
By: Thomas, Susan.
Contributor(s): Shah, Ajay.
Material type:
ArticlePublisher: 2002Description: p.455-58.Subject(s): Financial markets | Budget
In:
Economic and Political WeeklySummary: This paper explores the interplay between the Union Budget and the stock market in the following areas: the extent to which the stock market response to the Budget is consistent with the behaviour that we might expect in an efficient market; the role of the Budget in the Indian economy, using the stock market as an information processing tool; and the extent to which empirical research can guide hedging and trading around the Budget date. - Reproduced.
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | Volume no: 37, Issue no: 5 | Available | AR51634 |
This paper explores the interplay between the Union Budget and the stock market in the following areas: the extent to which the stock market response to the Budget is consistent with the behaviour that we might expect in an efficient market; the role of the Budget in the Indian economy, using the stock market as an information processing tool; and the extent to which empirical research can guide hedging and trading around the Budget date. - Reproduced.
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