Donald Trump's Victory as the US President leads to significant influence on the Indo-US ties. As expected this event will have both short term and long-term implications on the Indian economy. This study is aimed at exploring the impact of Trump's win on Indian Stock market, especially Energy, IT, and Pharma sectors. The present study utilizes two-way approach for studying the actual impact of the event on Indian Economy. Event window methodology has been adopted to analyze the effect of Trump's win on Indian stock market for pre, during and post trump win periods surrounding 60 days around the event day. Generalized Auto regressive Conditional Heteroskedastic (GARCH) model is used for testing volatility among the specific selected sectors and the overall Indian stock market. Results clearly proved that there is a significant impact of Trump's win on Indian stock market and specific sectors.
Articles
33th Edition of DTR Apr 2020 – Sep 2020
Effect of Trump's Win on Specific Sector with Reference to Indian Stock Market
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Published 2020-04-30
Pages 42-47
Abstract
Keywords
Trump
Return
Nifty 50
Nifty Energy
Nifty IT
Nifty Pharma
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