EN
Impact of Macro Economic Variables of India and USA on Indian Stock Market
Abstract
The key objective of the present study is to investigate the impact of changes in selected macroeconomic variables on Indian Stock Market (NIFTY 50 INDEX). To estimate the relationship, Multivariate Regression Model computed on Standard Ordinary Linear Square (OLS) method have been used. The time period examined is 2001-2016 and all the tests are conducted based on monthly data. Based on estimated regression coefficients and t-statistics, it is found that Nifty 50 index is significantly affected by US GDP, S&P index, gold prices, Indian WPI, its fiscal deficit, IPI and exchange rate.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
December 1, 2017
Submission Date
December 1, 2017
Acceptance Date
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Published in Issue
Year 2017 Volume: 7 Number: 4
APA
Aggarwal, P., & Saqib, N. (2017). Impact of Macro Economic Variables of India and USA on Indian Stock Market. International Journal of Economics and Financial Issues, 7(4), 10-14. https://izlik.org/JA67MS74HE
AMA
1.Aggarwal P, Saqib N. Impact of Macro Economic Variables of India and USA on Indian Stock Market. IJEFI. 2017;7(4):10-14. https://izlik.org/JA67MS74HE
Chicago
Aggarwal, Priyanka, and Najia Saqib. 2017. “Impact of Macro Economic Variables of India and USA on Indian Stock Market”. International Journal of Economics and Financial Issues 7 (4): 10-14. https://izlik.org/JA67MS74HE.
EndNote
Aggarwal P, Saqib N (December 1, 2017) Impact of Macro Economic Variables of India and USA on Indian Stock Market. International Journal of Economics and Financial Issues 7 4 10–14.
IEEE
[1]P. Aggarwal and N. Saqib, “Impact of Macro Economic Variables of India and USA on Indian Stock Market”, IJEFI, vol. 7, no. 4, pp. 10–14, Dec. 2017, [Online]. Available: https://izlik.org/JA67MS74HE
ISNAD
Aggarwal, Priyanka - Saqib, Najia. “Impact of Macro Economic Variables of India and USA on Indian Stock Market”. International Journal of Economics and Financial Issues 7/4 (December 1, 2017): 10-14. https://izlik.org/JA67MS74HE.
JAMA
1.Aggarwal P, Saqib N. Impact of Macro Economic Variables of India and USA on Indian Stock Market. IJEFI. 2017;7:10–14.
MLA
Aggarwal, Priyanka, and Najia Saqib. “Impact of Macro Economic Variables of India and USA on Indian Stock Market”. International Journal of Economics and Financial Issues, vol. 7, no. 4, Dec. 2017, pp. 10-14, https://izlik.org/JA67MS74HE.
Vancouver
1.Priyanka Aggarwal, Najia Saqib. Impact of Macro Economic Variables of India and USA on Indian Stock Market. IJEFI [Internet]. 2017 Dec. 1;7(4):10-4. Available from: https://izlik.org/JA67MS74HE