Open AccessA Research on Volatility in the Indian Stock Market with Special Reference to Nifty and Selected Companies Offinancial Service Sector of NSE of
Author(s) -
M. Pushpalatha,
J Srinivasan,
G Shanmugapriya
Publication year - 2019
Publication title -
international journal of innovative technology and exploring engineering
Language(s) - English
Resource type - Journals
ISSN - 2278-3075
DOI - 10.35940/ijitee.l1135.10812s19
Subject(s) - volatility (finance) , stock market , share price , descriptive statistics , business , financial market , economics , financial economics , finance , stock exchange , statistics , mathematics , geography , context (archaeology) , archaeology
In recent years the increasing importance of the future market in the Indian markets has received considerable attention from researchers,academicians and financial analysis.the present study is undertaken with an attempt to determine the share price movements and its volatility of the selected ten companies of financial service sector,which is in nifty fifty companies list.The period of the study selected between January 2009 and December 2017.for examining the share price movements and its volatility,the researcher took descriptive statistics and for finding the volatility ,kolmogorovsmirnovtest,from the results,among the selected ten financial service companies are not homogenous during the study period, and also examine the run test in Indian stock market is weak form efficient, the non-random behavior of the market has only short termimplications.Finally should take necessary steps to maintain its financial health and increase the market share in India.