Research Highlights

Impact of Geopolitical Risks on the Stock Market: Evidence from Large, Mid, and Small-Cap Stocks

Authors :- Faniband, M., & Jadhav, P.

Publication :- Arthshastra Indian Journal of Economics & Research, 12(2), 38-54.,

We discovered some extremely interesting and valuable outcomes. First, geopolitical risk threats (GPRT) and China had a significant impact; additionally, GPR, geopolitical risks acts (GPRA), France, Germany, India, and the UK had a considerable impact; Canada, Japan, South Korea, and the USA had negligible impacts; and Italy had no impact on large-cap and mid-cap stocks. Second, GPRT and China had a significant impact; GPR, GPRA, India, and the United Kingdom had a considerable impact; and Canada, France, and Germany had a minimal impact on small-cap stocks. The aggregate impact of global and country-specific GPR on Indian LMS stocks was not homogeneous, showing that GPR in these economies did not uniformly influence Indian LMS stocks.