Volume : IV, Issue : III, March - 2014

Impact of Inflation and Exchange Rate on Stock Market Performance in India

Dr. Chandra Mohan, Mrs. N. Chitradevi

Abstract :

NSE NIFTY index is a bench marking index that is used to measure the economic development of a country like India. The aim of the article is to find out the impact of inflation and exchange rate on stock market return in India for the period of 2003 to 2013:9.Multiple correlation and linear multiple regression tools have been applied to find out the relationship between Inflation and Exchange rate taken as Independent variables and Price return of NSE NIFTY as dependent variable. The Results shows that inflation is negatively influencing the price return of NSE NIFTY, the exchange rate is positively affecting the price return of NSE Nifty.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr. Chandra Mohan, Mrs. N. Chitradevi Impact of Inflation and Exchange Rate on Stock Market Performance in India Indian Journal of Applied Research, Vol.IV, Issue. III

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