New moon day anomalies of Amavasya and Muhurat trading: Gestalting the role of culture and institutions

We study the socio-cultural ecosystems, along with cross-country investments and global flow of foreign capital in a local milieu, India, having multiple stock exchanges and listed firms. India's varied investor profiles exhibit a marked preference for certain “special” days given their religio...

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Bibliographic Details
Main Authors: Avinash Ghalke, Satish Kumar, Ram Kumar Kakani, Kameshwar Rao V.S. Modekurti
Format: Article
Language:English
Published: Elsevier 2023-06-01
Series:IIMB Management Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S0970389623000526

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