Abstract
This paper tries to examine the relation between the USD/INR exchange rate and NSE Nifty50 in India. Further this paper attempts to draw possible theoretical explanations explaining the relation between the two. It is a well known fact that the dollar price or money exchange rate has a great influence on NSE, therefore; this research identifies the level of influence of exchange rate on Nifty50. For establishing the relationship, Regression Analysis has been implemented using excel. The results suggest that the Exchange Rate significantly affects the performance of Nifty50.
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