AN ANALYTICAL STUDY ON THE MOVEMENT OF NIFTY INDEX AND EXCHANGE RATE
Journal Title: International Journal of Marketing and Technology - Year 2012, Vol 2, Issue 7
Abstract
The changes in the capital market bring transformation in the entire economy of the country. The boom and depression of the capital market is reflected in all sectors of the economy. Stock price downward movement continuously in the market forewarns the crisis period in advance. Numerous studies were conducted to trace the movement of stock market and its relationship with various economic factors. CNXNIFTY Index of NSE has been taken to compare the stock market movement with exchange rate. This Index is a well diversified one, which represents the major industries of the economy. This study analyses the dynamic relationship between stock market and exchange rate. As US Dollar is a prominent currency for foreign trade, the exchange rate of rupee and US Dollar has been taken for the study. The result found out that there is a bidirectional causal relationship between exchange rate and Nifty Index.
Authors and Affiliations
K. Malarvizhi and Dr. M. Jaya
Keywords
Related Articles
- EP ID EP19516
- DOI -
- Views 350
- Downloads 10
Derivative Trading In Indian Stock Market: Investor’s perceptIon WIth reference to Udaipur
Derivative products like futures and options on Indian stock markets have become important instruments of price discovery, portfolio diversification and risk hedging in recent times. The objective of the study is to an...
HOW TO HANDLE DIFFERENT TYPES OF RETAIL SHOPPERS AND MAKE SHOPPING A MEMORABLE EXPERIENCE FOR THEM
Retailing is essentially an art which depends upon the ability of a retailer to handle customers. This ability in turn depends upon another ability of the retailer and that is to identify the differences among the vari...
ETHICAL AND SOCIALLY RESPONSIBLE MARKETING IN INDIAN BUSINESS: A CONCEPTUAL OUTLINE
This Paper explains the concept of Corporate Social Responsibility (CSR) and Ethics in Marketing and identifies and Analyses the points such as 1) To what extent the academicians in the B-Schools are imparting to their...
-Business and Its Effectiveness on Banking System with Special Reference to Gramya Bank
What is e-Business? e-Business is a term used to describe businesses run on the Internet, or utilizing Internet technologies to improve the productivity or profitability of a business. In a more general sense, the ter...
Enhanced Productivity through Standardized Work Cell
This paper would provide us with an overview of concepts like „Standardized work kaizen‟, „Overall Equipment Effectiveness‟ and „Structured On-The Job Training‟ and its implications on manufacturing processes. This pap...