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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Bibliographic Details
Main Authors: Viswanathan Nagarajan, Raja R.Reddy Singareddy, Kulbir Singh
Format: article
Language:EN
Published: Elsevier 2021
Subjects:
Online Access:https://doaj.org/article/46a8a39d6aca4951a19c491bd911401a
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