Light a lamp and look at the stock market

Light a lamp and look at the stock market

Blog Article

Abstract In this study, we investigate the impact of the light-a-lamp event that occurred in India during the COVID-19 lockdown.This event happened across the country, and millions of people participated in it.We link this event to the stock market through Bosch KSV36AW4PG Serie 6 A+++ Free Standing Fridge 346 Litres White investor sentiment and misattribution bias.

We find a 9% hike in the market return on the post-event day.The effect is heterogeneous in terms of beta, downside risk, volatility, and financial Airbrush Color distress.We also find an increase (decrease) in long-term bond yields (price), which together suggests that market participants demanded risky assets in the post-event day.