INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
This paper analyses the impact of the trends in India's stock market on the stock split announcement. Several factors in the financial market may have no direct relationship with each other, but the perception of the people involved in it, which may or may not be reasonable, can impact one factor on another. In general, the trends are either bullish or bearish. Stock prices may reach a certain level in a bullish market where a company may decide to split the stocks. However, we also see that stock split announcements have occurred even in bearish trends. The main aim of the present study is to analyse empirically how the market trends impact stock split announcements. BSE Sensex and NSE Nifty Index are taken from 1995 to 2023 and stock split data was collected from the official website. The Independent Sample t-test and Regression analysis were used to analyse data and test hypotheses through SPSS software. The results of the study show that market trends affect significantly stock split announcements and there is no significant difference in split announcements in bullish and bearish market trends.
"An Analytical study on Stock splits Announcements of Stock Exchanges and Market Trends in India", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 1, page no.c162-c173, January-2024, Available :http://www.ijnrd.org/papers/IJNRD2401221.pdf
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2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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