Effect of the monsoon forecast announcement on stock returns
The Indian summer monsoon rainfall (ISMR) has considerable influence on the Indian economic and corporate performance. Therefore, the announcement of long-range ISMR forecasts by the Indian Meteorological Department can be expected to impact stock returns significantly. We find that the initial ISMR...
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Main Authors: | , , |
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Format: | article |
Language: | EN |
Published: |
Elsevier
2021
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Subjects: | |
Online Access: | https://doaj.org/article/46a8a39d6aca4951a19c491bd911401a |
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