Volume : IV, Issue : IV, April - 2014
Impact of Selective Corporate Events on Price Movements of Stocks of Bank Nifty Index
Dr. S. Rajamohan, M. Muthukamu
Abstract :
There are a number of reasons behind the fluctuations of share price in every trading day. Corporate actions of the companies do play a major role in the fluctuations of the share prices. An investor takes decision to buy or sell securities on the basis of their interpretation about corporate events. An attempt is made in this study, to know the impact of corporate announcement on the share prices of stock composition of Bank Nifty Index. The price movements of share before and after the corporate announcements were collected and Non Parametric Test (Wilcoxon Matched pairs Test) was applied to know the impact. The study has revealed that there is a significant impact on price movements of shares and it gives the chance to an intelligent investor to make profit from it.
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DOI : 10.36106/ijar
Cite This Article:
"Dr.S.RAJAMOHAN, M.MUTHUKAMU Impact of Selective Corporate Events on Price Movements of Stocks of Bank Nifty Index Indian Journal of Applied Research, Vol.IV, Issue. IV
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"Dr.S.RAJAMOHAN, M.MUTHUKAMU Impact of Selective Corporate Events on Price Movements of Stocks of Bank Nifty Index Indian Journal of Applied Research, Vol.IV, Issue. IV
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