A Study on the Weekend Effect of Stock Returns in the Indian Market
摘要
The study investigates the Weekend Effect in the BSE Sensex Index and NSE Nifty 50 Index for the period from April 1, 2013, to March 31, 2023. The findings affirm the presence of a weekend effect in these indices, suggesting potential opportunities for trading strategies. However, it is important to note that historical patterns and anomalies may not predict future market developments due to the influence of various factors like market sentiment, geopolitics, and economic conditions. Investors are advised to conduct thorough analyses, seek financial counsel, and stay informed about current market dynamics before making investment decisions.