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Europhysics letters - Center for Polymer Studies - Boston University

Europhysics letters - Center for Polymer Studies - Boston University 2025

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The document presents a study on scale-dependent price fluctuations in the Indian stock market, analyzing daily returns of the 49 largest stocks from November 1994 to June 2002. The authors find that the probability density function of price fluctuations follows an exponential decay rather than the power law observed in developed economies, indicating that India's stock market exhibits different statistical properties. This research highlights the unique characteristics of emerging markets compared to more developed financial systems.

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