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- W2256752009 abstract "The empirical Research in Finance has vigorously explored the apparent anomalies in Stock Returns Behavior. Many earlier studies have documented the average returns on Friday to be abnormally high and average returns on Monday to be abnormally low. This paper examines the week-end effect on the Indian Stock Market after the introduction of the Compulsory Rolling Settlement for the eight-year period from April 2002 to March 2010. The study uses Descriptive Statistics, Correlation, Non-Parametric Kruskall-Wallis Test Statistic and Linear Regression Model to provide evidence to support the existence of the above phenomenon. The Study found that the Mean Returns were positive for all days of the week, highest being on Friday and lowest mean return on Monday during the study period. The Study found that, during the study period, the day of the week pattern did not appear to exist in the Indian Stock Market." @default.
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- W2256752009 date "2011-01-10" @default.
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- W2256752009 title "Analysis of Week End Effect in Indian Stock Market" @default.
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