000			01488nam a22001457a 4500
999			_c531839 _d531839
008			251022b ||||| |||| 00| 0 eng d
100			_aDas, Nupur Moni Rout, Bhabani Sankar and Bal, Gnyana Ranjan _957533
245			_aStock market integration, risk and spillovers across BRICS Nations: An assessment during Covid-19
260			_aManagement and Labour Studies
300			_a50(3), Aug, 2025: p.337-356
520			_aThe present study aims to examine the downside risk, volatility persistence, market connectedness and hedging strategies in Brazil, Russia, India, China and South Africa (BRICS) markets during the COVID-19 period, comparing these factors with the Asian Financial Crisis and Global Financial Crisis. Using value-at-risk, dynamic conditional correlation generalized autoregressive conditional heteroskedasticity and the Diebold–Yilmaz Spillover Index, the study addresses key research objectives. It is observed that volatility created persists longer, and market connectivity increases during crises. Notably, Russia and Brazil are observed to be the net spreaders of volatility, while India, China and South Africa demonstrate opposite trends. Moreover, very limited diversification benefits exist in the bloc.- Reproduced https://journals.sagepub.com/doi/full/10.1177/0258042X251320797
650			_aCovid-19, Stock market, Market, risk, Value at risk, Volatility spillover, Hedging. _957534
773			_aManagement and Labour Studies
942			_cAR