Volatility in Indian Stock Market- A study with Reference to Selected Nifty Companies

Abstract

Volatility has been one of the most active and successful areas of research in time series econometrics and economic forecasting in recent decades. Volatility is a statistical measure of the dispersion of returns for a given security or market Index. The main objective of the study is to analyses the volatility of Indian stock market. The sample of this study is 5 companies taken from Nifty 5 0 Companies. The Sample companies are Reliance Industries, State Bank of India, Jindal Steel, BHEL, and Asian Paints. The Study period has taken from January 2007 to December 201 I. Tools used for the Study is Descriptive Model, Unit Root Test and GAR CH Model (I, I). This finding has implications for more volatile during the study period for all sample companies