Department of Commerce, Chaudhary Devi Lal University, Sirsa, India
Research Article
The Impact of the Us Market on Herding Behavior in Indian Equity Market
Author(s): Suman Saini* and D. P. Warne
The presented study investigates the impact of the US Market on the herding behavior in the Indian Equity Market through an analysis of daily
returns from the top 100 companies of the National Stock Exchange and S&P 500 index of the US market in tenure ranging from October 2017
to April 2023. The selected study period is very productive because during this time the Covid-19 Pandemic spread all over the world and those
distinct circumstances can precipitate herding behavior. The outcomes exhibit that there is no polarization effect between the US and the Indian
Market. This outcome may be due to the different market structures of both of countries. The US markets are primarily self-governing while In the
Indian Equity Market government can easily interrupt the situation of destabilizing... Read More»
DOI:
10.37421/2151-6219.2023.14.461
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