Jawed, Mohammad Shameem; Dhaigude, Amol; Tapar, Archit Vinod - In: Cogent economics & finance 7 (2019) 1, pp. 1-18
We investigate the impact of the Demonetization of 85% currency in circulation in India on the eve of 8 November 2016 … Demonetization, relative to what had been anticipated, as measured by abnormal returns (ARs). The results indicate that Group … PSUs witnessed the least wrath. On the sectoral front, Demonetization shows a mixed effect in the early days which changes …