(98.84.18.52)
[ij] [ij] [ij] 
Email id
 

Asian Journal of Research in Banking and Finance
Year : 2017, Volume : 7, Issue : 10
First page : ( 46) Last page : ( 59)
Online ISSN : 2249-7323.
Article DOI : 10.5958/2249-7323.2017.00118.3

A Study on Influence of selected Macro Economic Variables on Bombay Stock Exchange (Special Reference to Bombay Stock Exchange Bankex)

Kumar L. Vijaya1, Dr. Balaguru R.2

1Ph. D Research Scholar, Department of Commerce, Ramakrishna Mission Vivekananda College, Mylapore, Chennai, India. vij_lak007@yahoo.co.in

2Assistant Professor and Research Supervisor, Department of Commerce, Ramakrishna Mission Vivekananda College, Mylapore, Chennai, India. dr.rbg65@gmail.com

Online published on 11 October, 2017.

Abstract

The present study is an attempt to find out the impact of select macroeconomic factors influencing BSE Bankex. To analyze the relationship between USD/INR, Wholesale Price Index, Money supply, Cash Reserve Ratio, Statutory Liquidity Ratio, Reverse Repo Rate and Repo rate with BSE Bankex, Karl Pearson Correlation analysis and Multiple Regression was used. In order to test the stationarity of Time Series Data, Augmented Dickey Fuller Test was used. The period considered for the present study was from 1st April 2008 to 31st March 2017. The findings of the study indicated that Money Supply was the only factor which influenced BSE Bankex during the study period.

Top

Keywords

Repo Rate, Reverse Repo Rate, Statutory Liquidity Ratio, Cash Reserve Ratio, Regression Model, Correlation Analysis, Augmented Dickey Fuller Test.

Top

  
║ Site map ║ Privacy Policy ║ Copyright ║ Terms & Conditions ║ Page Rank Tool
813,331,434 visitor(s) since 30th May, 2005.
All rights reserved. Site designed and maintained by DIVA ENTERPRISES PVT. LTD..
Note: Please use Internet Explorer (6.0 or above). Some functionalities may not work in other browsers.