Causal Relationship of Stock Market Volatility and Economic Variables

This study is focused on identifying the causal relationship of stock market volatility and various economic variables. This may help to those scholars who are interested to do their research in the same area, as well as to enhance their knowledge in the related field. For this study Indian Stock Exchanges i.e. BSE Sensex and NSE Nifty has been choosen, as well as from the macroeconomic variables Gross Domestic Product (GDP), Gross Domestic Capital Formation (GDCF), Foreign Exchange Reserves (FER), and Money Supply (MS) has selected to identify their relationship with each other. The data has been analysed through statistical tools as per the requirement of the study.

Autorentext

The author is an Assistant Professor at The IIS University, Jaipur, Rajasthan. She is keen interested to research the relationship of stock market volatility and economic variables which result into this study. This research work is a part of her thesis for the degree of Ph.D.