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Effect of Oil Prices in Indian Stock Market

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Impact of Macro-Economic Variables on the Stock Market
Impact of Macro-Economic Variables on the Stock Market
Arunabha Dhar (Roll No. 008)
Gaurav Bhatt (Roll No. 017)
Amartya Ray (Roll No. 067)
Bodhisatva Basu (Roll No. 075)
Rahul Jain (Roll No. 094)

Arunabha Dhar (Roll No. 008)
Gaurav Bhatt (Roll No. 017)
Amartya Ray (Roll No. 067)
Bodhisatva Basu (Roll No. 075)
Rahul Jain (Roll No. 094)

Contents UNDERSTANDING ON RESEARCH PROBLEM IDENTIFICATION & DEFINITION 3 ABSTRACT 3 INTRODUCTION 3 LITERATURE REVIEW 6 GAP in Research 8 MOTIVATION 8 DATA COLLECTION/SAMPLE SELECTION 9 HYPOTHESIS 10 Research Methodology 10 FINDINGS 11 CONTRIBUTION TO LITERATURE 23 CONCLUSIONS 23 References 25

UNDERSTANDING ON RESEARCH PROBLEM IDENTIFICATION & DEFINITION

Relationship between macroeconomic variables and broad market index: A causal relationship between Nifty CNX and macroeconomic variables in India
ABSTRACT
The relationship between macroeconomic variables and broad market index by now are well documented in the literature. However a void in the literature relates to examining the causal relationship between Nifty CNX and macroeconomic variables such as FDI, FPI, weighted average lending rate (WALR), GDP and oil import in India and correlation among the macro variables.
INTRODUCTION
Globalization of Indian economy post liberalization has been spurred by capital and stock investment in terms of FDI & FPI. Indian stock market both securities and commodities are among the favourite hunting spots for foreign investor betting on India’s growth story. Over the last two decades the fast space of economic growth and progressive policy liberalization has made India an attractive destination for World’s investors. FDI and FPI thus have become instruments of international economic integration and stimulation. Fast growing economies

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