Journal Press India^®

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Predictability in financial market is a major concern in view of investment. Market condition is linked to the social, political and economic issues. NIFTY and Gold Price data are investigated in the context of demonetization. Uncertainty in the time series is captured by empirical probability distributions and measured by entropy of various states. Further, the micro patterns are explained with the help of permutation entropy.

Keywords

Demonetization, Uncertainty, Entropy, Permutation Entropy.

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