2019•International journal of research in social sciencesRequires access
A study on preferred stock market indices in India
P.N Harikumar, C.M. Remya
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Abstract
Stock market plays a very important role in the economy. It ensures economic growth and development of a nation. Stock indices provide the pulse of stock market. Different stock indices of different stock markets are available to the investors to know the current scenario of the stock market that influence their investment decisions and trading behaviour. The present study aims to identify the most preferred stock indices by the investors of the stock markets in India. It is revealed from the study that S&P BSE SENSEX and NIFTY 50 of Bombay Stock Exchange and the National Stock Exchange are the most preferred equity indices and the index Sensex is equally preferred in both Rural and Urban areas.