IMPACT OF MACRO ECONOMIC VARIABLES ON STOCK MARKET RETURNS

Abstract

This study shows the impact of Macro Economic Variables on stock market returns, has provided a complete understanding of the Indian Financial Market. Current findings suggest that the effect of these two variables namely , Dollar Rate and Gold Price has been studied land certain correlations have been derived using the data from the last 10 years. Financial Markets are basically the individual investors, financial institutions and other intermediaries who are linked by a formal trading rules and communication network for trading the various financial assets and credit instruments. This study is carried out with a help of a statistical tool correlation with the help of E-Views as a software. This study is majorly carried out while taking to objectives in mind under chapter 3 research methodology and then followed by a systematic analysis and interpretation of the same in chapter 4. Chapter 5 contains the findings and suggestions provided from this side with the conclusion at the lend.