A STUDY ON THE CONTRIBUTION OF INFORMATION TECHNOLOGY AND PHARMACEUTICAL SECTOR COMPANIES TOWARDS BSE MARKET CAPITALISATION

Abstract

BSE is one of the major stock exchanges in India with high capitalization rate. The indices are monitored and updated dynamically and are reviewed regularly. Information Technology and pharmaceutical sector are one of fastest growing sectors in India. It has shown tremendous growth after liberalization of Indian market. Both the sector contributes around 8% and 1.71% towards the G.D.P of India. The growth rate of Information Technology and pharmaceutical is around 13% for both the Industries. Objectives of the study are- To find the pattern of movement of the Information Technology and pharmaceutical sector stocks quoted in BSE and BSE total market capitalization. The objectives are:  To find the market capitalization of IT and pharmaceutical stocks quoted in BSE.  To find whether how much the IT and pharmaceutical stocks contribute to the total BSE market capitalization.  To find whether pharmaceutical stocks market capitalisation influence the BSE market capitalisation.  To find whether IT stocks market capitalisation influence the BSE market capitalisation. This examines whether how much the IT and pharmaceutical stocks contribute to the total BSE market capitalization. It also studies whether pharmaceutical stocks market capitalisation influence the BSE market capitalization and also whether IT stocks market capitalisation influence the BSE market capitalisation.