Open Access
Research Article
Descriptive statistical analysis of various relationships between Indian stock market and macroeconomic variables: An Indian perspective
*Arun GautamCorresponding authorarun.gautam@jecrcu.edu.inJaipur School of Business JECRC University, JaipurJaipur, Rajasthan, IndiaView full profile → , Ruchi Goyalruchi.goyal@jecrcu.edu.inJaipur School of Business JECRC University, JaipurJaipur School of Business JECRC University Jaipur, Rajasthan, 302006, IndiaView full profile →
* Corresponding author · click or hover a name for details
- Received:
- 03 Feb 2023
- Published Online:
- 11 Oct 2023
- Article type:
- Research Article
- Language:
- EN
- Article no.:
- JIOS-1357
- Pages:
- 1397–1405
Abstract
The stock market, often called the “Barometer of Indian Economy,” reflects the nation’s economic performance. Various economic factors significantly impact its volatility. Researchers have identified FIIs as a crucial variable of microeconomics that affects the Indian stock market. The trading practices of these traders can lead to excessive volatility, significantly impacting macroeconomic management. Macroeconomic factors like exchange rates, GDP, IIP, WPI, government expenditure (G), and oil prices are believed to affect stock market activity. Singh (2014) examined the impact of WPI, money supply, exchange rate, FII, IIP, interest rate, trade deficit, and gold price on the Bombay Stock Exchange (BSE) within the context of the interaction between macroeconomic parameters and the BSE.
Keywords
Subject Classifications
91B6491G70
Acknowledgements
DG 3073
References
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