Long Run and Short Run Relationships Between Sensex Macro Economic Variables

M.AKHILA REDDY; VARGANTI SRIHARI

doi:10.36948/ijfmr.2024.v06i03.23596

Long Run and Short Run Relationships Between Sensex Macro Economic Variables

Author(s)	M.AKHILA REDDY, VARGANTI SRIHARI
Country	India
Abstract	This study delves into the intricate relationships between the Sensex, India's premier stock market index, and key macroeconomic variables, highlighting both long-term and short-term interactions. Macroeconomic variables such as GDP, inflation, interest rates, and foreign exchange reserves are analysed to understand their impact on the Sensex. Additionally, the study considers microeconomic variables, providing a comprehensive view of economic dynamics. By utilizing econometric methods like Vector Auto regression (VAR) and Johansen co integration tests, the research aims to distinguish between immediate economic shocks and sustained economic trends affecting the Sensex. The investigation focuses on Aditya Birla Money as a case study to explore financial market dynamics. The identified research gap emphasizes the need to consider the influence of emerging digital financial assets and fin tech innovations on traditional macroeconomic variables and market stability. By addressing this gap, the study aims to provide a deeper understanding of how technological advancements and digital transformation interact with established economic indicators to affect financial markets. The primary objectives include examining the long-term and short-term relationships between the Sensex and key macroeconomic indicators, identifying the most significant factors influencing Sensex performance, and assessing the predictive power of these variables. Data collection involves both primary sources, such as interviews with financial experts, and secondary sources, including financial databases. The study's findings are expected to offer valuable insights for investors, policymakers, and financial analysts, aiding in informed decision-making and enhancing strategies for risk management in the ever-evolving economic landscape.
Keywords	Inflation, foreign exchange, Vector Auto regression, macroeconomic indicators.
Field	Business Administration
Published In	Volume 6, Issue 3, May-June 2024
Published On	2024-06-29
Cite This	Long Run and Short Run Relationships Between Sensex Macro Economic Variables - M.AKHILA REDDY, VARGANTI SRIHARI - IJFMR Volume 6, Issue 3, May-June 2024. DOI 10.36948/ijfmr.2024.v06i03.23596
DOI	https://doi.org/10.36948/ijfmr.2024.v06i03.23596
Short DOI	https://doi.org/gt24wq

View / Download PDF File

E-ISSN 2582-2160

doi

CrossRef DOI is assigned to each research paper published in our journal.

IJFMR DOI prefix is
10.36948/ijfmr

Downloads

Research Paper Format Copyright Permission Form and Undertaking Form Cover Page Vol 6 Isu 4 Cover Page Vol 6 Isu 3 Cover Page Vol 6 Isu 2

All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.

CC-BY-SA

About IJFMR Fees & Payment Current Issue Publication Archive	Submit Research Paper Track Submission Status Publication Guidelines Publication Ethics Peer Review & Plagiarism	Join as a Reviewer Editors & Reviewers Reviewer Referral Program Get Reviewer Membership Certi.	Website/Journal Policies Usage Policy Content Policies Privacy Policy

Contact Us		+91-9898-5948-55	editor@ijfmr.com

International Journal For Multidisciplinary Research

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Long Run and Short Run Relationships Between Sensex Macro Economic Variables

Share this