Study on Indian Equity Market & Investor's Behaviour: In Reference to US Economic Crisis (2008)

Abstract

This paper investigates the investor's behaviour before, during & after the financial crisis using daily buying & selling flows from Indian equity market. It also tries to estimate aggregate stock returns of several days following each investor groups' trade. The sample period covers the impact of US crisis in India. We examine investor behaviour before, during & after this crisis by dividing our data into three sub periods: namely, from 5 April 2007 to 8 Jan 2008 for before the crisis, 9 Jan 2008 to 16 July 2009 to for during the crisis and 17 July 2009 to 28 April 2011 for after the crisis respectively.