000			01400nam a2200229 4500
999			_c53210 _d53210
003			OSt
005			20191212180108.0
008			191212b ||||| |||| 00| 0 eng d
100			_aLalwani, Vaibhav _935340
245			_aInvestor reaction to extreme price shocks in stock markets: A cross country examination
300			_a258-267 p.
520			_aThis study attempts to investigate the presence of post event over- or under-reaction in stock markets of the top 10 countries by market capitalisation. An event is defined as an extreme price movement beyond a pre-defined threshold. Intra-day stock returns at 10-minute frequency starting from June 2009 till May 2016 have been analysed using average cumulative returns (ACR) and average cumulative abnormal returns (ACAR) for a 6-day duration after the event. It appears that there is presence of over- or under-reaction in 8 out of a total of 10 countries, and investors display psychological biases which lead to profit making opportunities.
653			_aOver and under reaction
653			_aStock markets
653			_aAbnormal returns
653			_aEfficient market hypothesis
653			_aPrice shocks
700			_aSharma, Udayan _935341
710			_aChakraborty, Madhumita _935342
773	0		_026346 _977275 _aRAVI aNSHUMAN V. _dBANGOLRE IIM BANGALORE 2011 _o55511085 _tIIMB Management Review _x09793896
942			_2ddc _cJA-ARTICLE