Impact of Economic Decisions on Behaviour of Bombay Stock Exchange in India
G. Sankararaman1, S. Suresh2, T C. Thomas3
1Dr. S. Suresh, Assistant Professor (SS), Department of Management Studies, Rajalakshmi Engineering College, Chennai (Tamil Nadu), India.
2Dr. G. Sankararaman, Professor, Department of Management Studies, Rajalakshmi Engineering College, Chennai (Tamil Nadu), India.
3Dr. T C. Thomas, Professor, Department of Management Studies, Rajalakshmi Engineering College, Chennai (Tamil Nadu), India.
Manuscript received on 08 May 2019 | Revised Manuscript received on 19 May 2019 | Manuscript Published on 23 May 2019 | PP: 1159-1163 | Volume-7 Issue-6S5 April 2019 | Retrieval Number: F1197076S519/2019©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Stock market is an important and active part of financial markets. The behaviour of Individuals as well as organizations may be impacted due to several decisions taken by the macro agencies such as Government, RBI, SEBI, etc. It has beenstated that the stock market is dynamic and invisible but it will be influenced and impacted by some visible factors and decisions. The contribution of stock market to the growth process of any economy is not in doubt. The study is about the stock market behaviour and performance of the BSE Sensex and Sector index i.e, of Eight Sectors namely Automobile, Bank, Capital Goods, FMCG, Healthcare, IT, Reality and Telecom. In this study, Multivariate Analysis has been used to study the impact of economic decisions. Relevant statistical tools and techniques we reapplied to set up a significantassociation among various clarifying variables recognized through the empirical analysis bearing in mind the obtainable research studies. The investigation portrays that economic decisions can impact the stock market movement. These factors can be used by individual investors, mutual funds and brokers to make rational and intelligent investment decisions.
Keywords: Stock Market, Economic Decisions, Investment Behaviour, Multivariate Analysis.
Scope of the Article: Computational Economics, Digital Photogrammetric