Abstract

The NIFTY 50 is the flagship index on the National Stock Exchange of India Ltd. (NSE). The Index tracks the behavior of a portfolio of blue chip companies, the largest and most liquid Indian securities. It includes 50 of the approximately 1600 companies traded (listed & traded and not listed but permitted to trade) on NSE, captures approximately 65% of its float-adjusted market capitalization and is a true reflection of the Indian stock market. This study probed in to the correlation between NIFTY 50 and NIFTY Bank, NIFTY 50 and NIFTY Consumer Durables, NIFTY 50 and NIFTY IT and NIFTY 50 and NIFTY Pharma Indice.

Highlights

  • ObjectivesObjectives of theStudy:❖ To find out the Coinciding Trend between NIFTY 50 and Sector based Indices, To forecast the Index points trend To find out the Good and Bad Performing Sector Indices

  • The number of times stock market received upswing are far more than downswings

  • S&P CNX Nifty 50 has been the benchmark index in terms of conferring stable returns

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Summary

Objectives

Objectives of theStudy:❖ To find out the Coinciding Trend between NIFTY 50 and Sector based Indices, To forecast the Index points trend To find out the Good and Bad Performing Sector Indices. ❖ To find out the Coinciding Trend between NIFTY 50 and Sector based Indices, To forecast the Index points trend To find out the Good and Bad Performing Sector Indices

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