Macroeconomic surprises and stock market responses—A study on Indian stock market

This study analyzes the sensitivity of a series of Indian stock indices for the astonishing component of monetary and macroeconomic policy with the data set from 1 April 2004 to 31 July 2016. The immediate impact is assessed with event analysis, and the dynamic effect is analyzed with the Vector Aut...

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Bibliographic Details

Published in:	Cogent Economics & Finance
Main Authors:	Santanu Pal, Ajay K Garg
Format:	Article
Language:	English
Published:	Taylor & Francis Group 2019-01-01
Subjects:	macroeconomic surprise monetary policy surprise stock market response event study var india
Online Access:	http://dx.doi.org/10.1080/23322039.2019.1598248