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

C-Tier

Journal: Economics Letters

Year: 2024

Volume: 234

Issue: C

Authors (4)

Azmi, Wajahat (not in RePEc) Azmi, Shujaat Naeem (not in RePEc) Nobanee, Haitham (Abu Dhabi University) Hamil, Philip Anthony (not in RePEc)

Score contribution per author:

0.251 = (α=2.01 / 4 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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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.

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

Authors (4)

Abstract

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