Analysis of Impact of Gross Domestic Products (GDP) on Stock Market Movement in India

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Vasani Sureshbhai Vithalbhai
Vasani Sureshbhai Vithalbhai
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Analysis of Impact of Gross Domestic Products (GDP) on Stock Market Movement in India

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Abstract

This paper covers the financial system with two main components GDP and Stock Exchange. It Means this two variables one is study (Independent) variable (GDP) and Stock Market Dependent Variable. Researcher has collected Data from the secondary source like website and Stock Market because study based on secondary information which available on online source. Financial system is very important to control the economy of any country so every country has to focus on it. Researcher has main objective is to know; To know the impact of GDP on stock market as a macroeconomic variable, To find out the relationship between gross domestic products (GDP) and stock market movement in India, To know the impact of gross domestic products (GDP) on the stock market movement in India. Researcher has used Statistical tools for testing hypothesis like Descriptive statistics, Co-relation and simple Regression analysis. Through this study researcher has concluded strong relationship between GDP and SENSEX because co-relation result is 0.965768 and co-relation between GDP and NIFTY 50 is 0.970837.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Vasani Sureshbhai Vithalbhai. 2020. \u201cAnalysis of Impact of Gross Domestic Products (GDP) on Stock Market Movement in India\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 20 (GJMBR Volume 20 Issue B8): .

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Issue Cover
GJMBR Volume 20 Issue B8
Pg. 63- 71
Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-B Classification: JEL Code: R53
Version of record

v1.2

Issue date

July 24, 2020

Language
en
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This paper covers the financial system with two main components GDP and Stock Exchange. It Means this two variables one is study (Independent) variable (GDP) and Stock Market Dependent Variable. Researcher has collected Data from the secondary source like website and Stock Market because study based on secondary information which available on online source. Financial system is very important to control the economy of any country so every country has to focus on it. Researcher has main objective is to know; To know the impact of GDP on stock market as a macroeconomic variable, To find out the relationship between gross domestic products (GDP) and stock market movement in India, To know the impact of gross domestic products (GDP) on the stock market movement in India. Researcher has used Statistical tools for testing hypothesis like Descriptive statistics, Co-relation and simple Regression analysis. Through this study researcher has concluded strong relationship between GDP and SENSEX because co-relation result is 0.965768 and co-relation between GDP and NIFTY 50 is 0.970837.

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Analysis of Impact of Gross Domestic Products (GDP) on Stock Market Movement in India

Vasani Sureshbhai Vithalbhai
Vasani Sureshbhai Vithalbhai Department of commerce

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