A Study on Performance Evaluation and Computation of Stock Market Index with Special Reference to BSE and NSE

Abstract

Abstract: The Stock market index in India play a lcrucial roe in the country’s economic growth and development. The Investors, policymakers, and market participants closely monitor the performance of stock market indices. In general, people tend to be unaware of Indian indices, their weights, and their composition patterns. This research paper aims to analyze the performance of stock market indices and focuses on important indexes from the Bombay Stock Exchange and the National Stock Exchange while taking into account their development, calculation method, and historical value. This Study is mainly based on three Objectives and data selected and synthesizes for the year 2001 to 2022, due to base year limitations of various indices. By utilizing quantitative analysis methods and examining relevant economic indicators, this paper seeks to provide valuable insights into the Indian stock market Indices and its role as a barometer of economic health. This article makes it simple for people to understand the number of companies that make up the important indices, their weight in the indexes, their performance on a sectoral basis, and other methodologies. Finally, this paper attempts to provide a brief overview of various index which is traded in Indian Stock market.