Relationship Between Macroeconomic Variables and Stock Market Index: a Comparative Study Between India and the United Kingdom
نویسندگان
چکیده
The stock market plays a crucial role in the context of economic development any country. To examine impact various independent factors such as currency fluctuation (in with USD), Interest rate and Inflation on Stock Indices India UK. study has been conducted for period 9 years i.e., April 2014 to March 2023. Techniques like Unit Root test, VAR, Cointegration Granger Causality Correlation Regression are used causality relationship macroeconomic variables between two nations. results show that there is unidirectional Nifty 50 exchange rate, interest rates India; FTSE 100
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ژورنال
عنوان ژورنال: International Journal For Multidisciplinary Research
سال: 2023
ISSN: ['2582-2160']
DOI: https://doi.org/10.36948/ijfmr.2023.v05i03.3990