Theoretical and Applied Economics
No. 1 / 2023 (634), Spring
Market mood index and stock market. Evidence from National Stock Exchange
Central University of Rajasthan, India
Yogesh KUMAR
Central University of Rajasthan, India
Abstract. This study examines the time-series relationship between investor sentiment and the Indian stock market. Investor sentiment is measured through the market mood index (MMI); MII is a tool that shows the investor's emotions regarding the market and helps the investor, traders, etc., to know the current state of the market, i.e., extreme fear, fear, greed, extreme greed. Empirical results show that market sentiment generally lies between fear and greed mood. To check long-run relationships, we apply the Autoregressive Distributed lag test; the result shows a long-term relationship. Empirical results also show a bi-directional Granger causality relationship exists between the variables.
Contents
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Adjusting the 5C pentagon for better health policymaking: observing the leading behavioural risks factors (diet, smoking, and alcohol consumption)
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The effects of geopolitical risks on tourism revenues of the Middle East and Asian countries
The potential of macroeconomic forces and ICT in affecting the sectorial growth: ARDL approach in the context of East Asian countries
Validity of asset pricing models in Istanbul Stock Exchange (ISE) information technology index
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An analysis of factors influencing empowerment of rural women through Deendayal Antyodaya Yojana – National Rural Livelihood Mission (SGSY)
The impact of Covid-19 payment moratoria on the Romanian banking system
Uncertainty and monetary policy during the Covid-19 pandemic in Tunisia: Evidence from a Bayesian VAR
Research on the evolution of migration in Romania after the fall of the communist regime
Black Sea and East Mediterranean approach on sustainable development
An economic analysis of trade war and deglobalization in current international relations within the paradigm of globalization
Financial difficulties and economic recession: Evidence from Canadian seniors
Inflation targeting and exchange rate pass-through in India: Lessons from international experience
The circular economics of constructions
Market mood index and stock market. Evidence from National Stock Exchange
Analysis of the effects of social and fiscal policy on incomes during the COVID-19 pandemic in Romania