Friday, February 25, 2011

Article: Hit for Six: India's Stock Market Declines When Indian Cricket Team Loses One-Day Matches

Monash University issued the following news release:
With the Australian cricket team touring India, investors on India's National Stock Exchange (NSE) have good reason to feel nervous with new research showing when India's cricket team lose one-day internationals, a decline is recorded in the stock market.
Research by economists Professor Russell Smyth and Dr Vinod Mishra at Monash University suggest the performance of the Indian cricket team in one-day matches can significantly impact on the fortunes of the Indian stock market.
"While a win by the Indian cricket team has no statistically significant upward impact on stock market returns, a loss generates a …

1 comment:

  1. I need some accurate SGX stock trading news and recommendations to trade and to learn, as well.

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