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Friday-the-thirteenth effect-in Indian stock market during 1992-2004
Published in Scientific Publishers
2015
Volume: 13
   
Issue: 4
Pages: 1869 - 1872
Abstract
Superstition is deep-rooted in Indian society, where irrational fear still influences the mass mind. In this context, it is pertinent to investigate whether the Indian securities market is also affected by superstitions or has it been able to immunize itself against its force. From the empirical perspective, 'Friday-the-thirteenth' seems to be a natural choice to study this issue.
About the journal
JournalInternational Journal of Applied Business and Economic Research
PublisherScientific Publishers
ISSN09727302