Table 5

Summary of the hypothesis

Sl. No.HypothesisResults
H1The news contents of the privatization of two public sector banks do not significantly impact the abnormal returns of the Indian banking sector stocksRejected
H2The news contents of the privatization of two public sector banks do not significantly impact the abnormal returns of the public sector stocksAccepted
H3The news contents of the privatization of two public sector banks do not significantly impact the abnormal returns of the private sector stocksRejected

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