The Effect of Cash Reserve Ratio and Reverse Repo Rate on Stock Market Performance - Empirical Evidence from India
Journal Title: IOSR Journal of Economics and Finance (IOSR-JEF) - Year 2019, Vol 10, Issue 1
Abstract
A stock market is a place where shares of public listed companies are traded. Trade in stock markets means the transfer for money of a stock or security from a seller to a buyer. The stock market is often considered the primary indicator of a country’s economic strength and development. An economy where the stock market is on the rise is considered to be an up-and-coming economy. Monetary policy is the process by which central monetary authority of a country controls the supply of money in the economy in order to maintain the price stability in the economy. There are various instruments of monetary policy to control the flow of money in the economy. This research paper tried to find out whether the movement in National Stock Exchange index NIFTY 50 is the result of some selected monetary policy instruments. The study considered monetary policy instruments as Cash Reserve Ratio and Reverse Repo Rate and NSE’s NIFTY 50 by using monthly data from April 2016 to March 2018. For this, Correlation and Regression analysis have been used to see the effect of monetary policy instruments on NSE index.
Authors and Affiliations
Laxami Kumari
Keywords
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- EP ID EP444609
- DOI 10.9790/5933-1001024751.
- Views 198
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