Volume : VII, Issue : I, January - 2017

An Analytical Study of the Impact of Macro Economic Variable on Indian Stock Market

Jitender Kumar

Abstract :

 The present paper is an endeavor to analyse the impact of macroeconomic variable on BSE 100. The present study is purely based on secondary data covering 15 financial years from 2000–01 to 2014–15. The analysis of which was made through the application of Karl Pearson‘s coefficient of Correlation and Multiple Regression. The study found that exchange rate accounts for 41.3% variations and   external debt accounts for additional 54% variation in the outcome variable. It was further indicated through the results that if all the selected independent variables remain constant, then there are other factors which explain BSE 100 up to 10566.758 units.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Jitender Kumar, An Analytical Study of the Impact of Macro Economic Variable on Indian Stock Market, Indian Journal of Applied Research,Volume : 7 | Issue : 1 | JANUARY 2017

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