Analysis of Impact of Gross Domestic Products (GDP) on Stock Market Movement in India

Abstract

This paper covers the financial system with two main components GDP and Stock Exchange. It Means this two variables one is study (Independent) variable (GDP) and Stock Market Dependent Variable. Researcher has collected Data from the secondary source like website and Stock Market because study based on secondary information which available on online source. Financial system is very important to control the economy of any country so every country has to focus on it. Researcher has main objective is to know; To know the impact of GDP on stock market as a macroeconomic variable, To find out the relationship between gross domestic products (GDP) and stock market movement in India, To know the impact of gross domestic products (GDP) on the stock market movement in India. Researcher has used Statistical tools for testing hypothesis like Descriptive statistics, Co-relation and simple Regression analysis. Through this study researcher has concluded strong relationship between GDP and SENSEX because co-relation result is 0.965768 and co-relation between GDP and NIFTY 50 is 0.970837.