Anmerkungen:
In: Sharma, P. C. (2021). Impact of Investors’ Sentiments on Selected Sectoral Indices Return Volatility: Special Reference to NSE. Orissa Journal of Commerce. 42(1), 44-58
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 19, 2021 erstellt
Beschreibung:
The study attempts to assess the influence of investor sentiment onselected sectoral indices returns volatility in the Indian stock market over theperiod from 2015-2019. GARCH, EGARCH, and Bivariate VAR models wereapplied for data analysis after checking unit root issue of the data. Nine Sectoralindices namely NIFTY Oil and Gases, NIFTY Metal, NIFTY Media, NIFTYFMCG, NIFTY Financial Service, NIFTY Consumer Durables, NIFTY Auto,NIFTY Bank, and NIFTY IT are considered. A significant influence of investorsentiment on sectoral indices return volatility is traced. The stronger theinfluence of investor sentiment and higher will be the current market volatility.The results of this study may assist individuals, institutional investors, and thegovernment for an improved understanding of the Indian stock market and toupsurge their returns by integrating investor sentiment into their decision-making