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MARKET ANOMALIES, AND STOCK RETURNS: EVIDENCE FROM THE INDIAN STOCK MARKET
2
Author(s):
DR. JASVIR S. SURA, RAJENDER
Vol - 7, Issue- 12 ,
Page(s) : 165 - 171
(2016 )
DOI : https://doi.org/10.32804/IRJMST
Abstract
Empirical research, the world over, has unearthed evidences against efficient hypothesis termed as anomalies. Anomalies indicate a situation when a security or group of securities performs contrary to the concept of efficient markets, where security prices are said to reflect all available information at any point in time. They suggest that past and publicly available information can be used to trace pattern in stock return distribution.
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