Title: Predicting Stock Market Movements of India Using Data Deterministic Approach
Abstract:In the aftermath of Globalization, several trade barriers, which hindered the organic growth of business enterprises, were removed. The world tends to become borderless, in terms of trade transactions...In the aftermath of Globalization, several trade barriers, which hindered the organic growth of business enterprises, were removed. The world tends to become borderless, in terms of trade transactions and market operations, facilitates the maximization of wealth. The stock market movements are influenced by micro as well as macro-economic variables, corporate environment, the legal framework and taxation policies pertinent to each economy. The real issue lies in accurately predicting the future stock price/index movements, due to persistence of stochastic behavior in the stock markets. This paper discusses non-linear movement pattern of two vibrant stock indices of India, BSE-Sensex and NSE-Nifty, using the data deterministic method. Ten technical indicators were used to validate the stock market data. The findings would help the investors, to make informed investment decisions to optimize the stock returns.Read More
Publication Year: 2018
Publication Date: 2018-01-01
Language: en
Type: article
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