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

Document Type

Article

Source of Publication

Economics Letters

Publication Date

1-1-2024

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.

ISSN

0165-7374

Publisher

Elsevier BV

Volume

234

First Page

111490

Last Page

111490

Disciplines

Business

Indexed in Scopus

no

Open Access

no

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