01
Original Article
Open Access
Evaluation of Nexus Between Short-Run Return Measures of IPOs in India
Amit Kumar Singh, Kawal Gill, Shivani Kalra
· pp. 8–26
DOI: 10.17010/ijf/2023/v17i4/172696
Purpose: This study aimed to provide a better understanding of the initial performance of initial public offerings (IPOs) on the day of listing by separating the gains on the listing day into primary and secondary market returns. An industry-wise evaluation …
Keywords:
Initial Public Offerings, Listing Day Evaluation, India, Underpricing, Primary Market, Secondary Market, Sectoral Analysis, Short-Run Performance
02
Original Article
Open Access
Integration of Bond Markets and Portfolio Diversification : Evidence from the 2008 Global Financial Crisis
Ritesh J. Patel, Divyesh J. Gandhi, Mitesh K. Patel, Tejas M. Modi
· pp. 27–44
DOI: 10.17010/ijf/2023/v17i4/172697
Purpose: This study aimed to examine the integration between the bond markets of the MSCI Emerging Markets and the USA concerning the 2008 financial crisis. Methodology: Granger causality and correlation tests were used to assess the short-term integration of the …
Keywords:
Bond Markets, VAR Analysis, MSCI Emerging Asian Markets, Financial Crisis, Portfolio Diversification Opportunity
03
Original Article
Open Access
Market Warnings : Learning from the Short-Term Impact of COVID-19 on Stock Market Constituents
Chandan Sharma, Archana Singh, Rajan Yadav
· pp. 45–57
DOI: 10.17010/ijf/2023/v17i4/170094
Purpose: The paper investigated the short-term impact of the lockdown announcement due to COVID-19 on various industries in India using firms’ stock returns and credit ratings.Design/ Methodology: The paper used event study methodology to analyze abnormal returns on stocks and …
Keywords:
COVID-19, Event Study, Industry Analysis, Lockdown, Stock Price, Risk
