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Macro Economic Factors and Share Price Behaviour:A Study on Selected Industries in India


Affiliations
1 NIST, Brahmapur, Odisha, India
2 PG Dept. of Commerce, Berhampur University, India
 

Share Market Investment has become popular in recent days due to its higher return comparing with other traditional form of investment. However, it is a fact that the market does not pay guaranteed return like in the traditional form of investment. The ups and downs in the return are the phenomena of a share market investment. The fluctuations in the share market are influenced by several set of factors relating to company, industry as well as economy. Hence, the investors should take the note of these factors while investing. The present study is an attempt to find out the relation as well as the effect of macroeconomic factors on the share price of selected industries. The result of the study disclosed that the macroeconomic variables are having significant influence on the share price.

Keywords

Share Price, Macroeconomic Factors, Regression Analysis.
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  • Macro Economic Factors and Share Price Behaviour:A Study on Selected Industries in India

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Authors

Pramath Nath Acharya
NIST, Brahmapur, Odisha, India
Rudra Prasanna Mahapatra
PG Dept. of Commerce, Berhampur University, India

Abstract


Share Market Investment has become popular in recent days due to its higher return comparing with other traditional form of investment. However, it is a fact that the market does not pay guaranteed return like in the traditional form of investment. The ups and downs in the return are the phenomena of a share market investment. The fluctuations in the share market are influenced by several set of factors relating to company, industry as well as economy. Hence, the investors should take the note of these factors while investing. The present study is an attempt to find out the relation as well as the effect of macroeconomic factors on the share price of selected industries. The result of the study disclosed that the macroeconomic variables are having significant influence on the share price.

Keywords


Share Price, Macroeconomic Factors, Regression Analysis.

References





DOI: https://doi.org/10.23862/kiit-parikalpana%2F2018%2Fv14%2Fi1%2F173249