A Research on Volatility in the Indian Stock Market with Special Reference to Nifty and Selected Companies Offinancial Service Sector of NSE of India
M. Pushpalatha1, J. Srinivasan2, G. Shanmugapriya3
1Dr. M. Pushpalatha, Assistant Professor, Department of Commerce IT & E-Com, Sri Krishna Arts and Science College, Coimbatore (Tamil Nadu), India.
2J. Srinivasan, Assistant Professor, Department of Commerce IT & E-Com, Sri Krishna Arts and Science College, Coimbatore (Tamil Nadu), India.
3G. Shanmugapriya, Assistant Professor, Department of Commerce IT & E-Com, Sri Krishna Arts and Science College, Coimbatore (Tamil Nadu), India.
Manuscript received on 08 October 2019 | Revised Manuscript received on 22 October 2019 | Manuscript Published on 26 December 2019 | PP: 541-544 | Volume-8 Issue-12S October 2019 | Retrieval Number: L113510812S19/2019©BEIESP | DOI: 10.35940/ijitee.L1135.10812S19
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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: 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, kolmogorov-smirnovtest, 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.
Keywords: Indian Stock Market, Efficiency. Volatility, Nifty, Stock Index. Selected Companies.
Scope of the Article: Marketing and Social Sciences