European Journal of Molecular & Clinical Medicine

Abstract

Stock market plays an important role in the economy. The stock market plays a pivotal role in the growth of the industry and commerce of the country that influences the economy of the country to a great extent. The smooth functioning of stock market is important in both industry and investors point of view. It plays the most important role of supporting the growth of the industry and commerce in the country. The aim of the study is to analyse the relationship between selected macroeconomic factors and Indian stock market price. This study may help the investors in taking buying and selling decisions of securities. This study also helps the investors in taking better decision by analysing the relationship between various macroeconomic factors. For the purpose of the study, monthly data of ten macroeconomic variables are chosen. The variables chosen are Oil Price, Gold Rate, Exchange Rate and NSE. The data over the period of 2018 to 2020 is used for the study. The results would be highly useful for the traders, investors, and future research scholars.