Gajurel, Dinesh; Chawla, Akhila - In: Journal of Risk and Financial Management 15 (2022) 10, pp. 1-18
these South Asian markets have positive autocorrelation. The equity markets of India, Pakistan, and Sri Lanka have some …) spillover effect on other markets in the sample. The stock markets of Bangladesh, India and Pakistan stock markets exhibit … largest neighboring (India) equity markets as sources of information spillover. Our results show that equity returns in all …