000			01439nam a2200181 4500
999			_c53294 _d53294
003			OSt
005			20200102125219.0
008			200102b ||||| |||| 00| 0 eng d
100			_aGoel, Payal _935585
245			_aHerding Behavior and Market Conditions: Empirical Evidence from Bombay Stock Exchange, India.
300			_a7-24 p.
440			_aIUP Journal of Applied Economics _vXVIII (4) _935586
520			_aThe study seeks to investigate how market participants behave, with special reference to herd behavior wherein investors imitate the investment patterns of their fellow investors. It further explores the magnitude of such behavior not only during normal circumstances, but also during severe upswings and intense downturns, with special focus on the Indian stock market. Two most extensively time-honored models given by Christie and Huang (1995) and Chang et al. (2000) have been applied to examine the herding component by scrutinizing the wide dispersions of the security returns as regards the standard market model on a large dataset of monthly returns of BSE 500 index for a period of 18 years, i.e., from April, 2000 to March, 2018. The study found absence of herding behavior in the Indian stock market. [ABSTRACT FROM AUTHOR]
653			_aStock exchanges
653			_aMarketing models
773	0		_030428 _977447 _aMURTHY, E N _dIUP PUBLICATION HYDERABAD _o55511197 _tAPPLIED ECONOMICS
942			_2ddc _cJA-ARTICLE