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Musunuru, P., & Jawed, M. S. (2022). The

Impact of COVID-19 and Administrative

Interventions on Stock Returns: New

Insights From Sectoral Analysis. Asian

Economics Letters, 3.

We examine the impact of the COVID-19 pandemic and the
administrative interventions on stock returns across 21 sectors
in India. Almost all sectors reacted negatively to the pandemic

announcement on 11 March 2020. The early lockdown resulted in
negative abnormal returns. However, this effect was transitory as

investors gained confidence and some sectors quickly revived.
The unlocking led to positive abnormal returns across all sectors,
except chemical products.

On June 2010 the Securities and Exchange Board of India (SEBI) –

the Indian market regulator, mandated the listed firms to increase
Jawed, M. S., Kotha, K. K., & Gupta, their Minimum Public Shareholding (MPS) to 25%. The present study

V. K. (2022). Free-Float and Stock Liquidity: utilizes this regulatory intervention as a natural experimental setup
of an exogenous shock to free floating stocks to examine the impact
Evidence from a Policy Experiment. on stock liquidity. The study employs univariate Event Study and

International Journal of multivariate Difference-in-Difference regression analysis. Findings
suggest that the MPS regulation significantly improved different stock
Business and Economics, 7(1), 103. liquidity measures and established the causality of stock free float to

stock liquidity.

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