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This document discusses a research study on the holiday effect and Indian festivals on the Indian stock market. It provides background on calendar anomalies and the holiday effect, which has shown abnormally higher stock returns before and after holidays. In India, festivals play a large role in economic activities due to religious and spiritual sentiments. The study aims to identify if there is a pre-holiday and post-holiday effect in the Indian stock market around the religious festivals of Holi and Eid u

Author

IJAR JOURNAL

Language

EN