Out-of-this-world returns: How did the market value India's successful moon mission?

Haitham Nobanee,Philip Anthony Hamil,Wajahat Azmi,Shujaat Naeem Azmi

doi:10.1016/j.econlet.2023.111490

Out-of-this-world returns: How did the market value India's successful moon mission?

Haitham Nobanee, Philip Anthony Hamil + Show 2 more

https://doi.org/10.1016/j.econlet.2023.111490

Copy DOI

Journal: Economics Letters

Publication Date: Dec 12, 2023

Affiliation: Abu Dhabi University, University of Liverpool, Oxford Centre for Mission Studies, University of Oxford, Zayed University, International Atatürk-Alatoo University

#India's Stock Market #Defense Sector + Show 8 more

Abstract
Full-Text PDF
Similar Papers

Abstract

This paper explores the response of India's stock market to a successful moon mission. The market responded positively, especially in the defense sector. Four companies experienced significant wealth gains, highlighting the potential for investment and growth in India's space industry.

Full Text