The Study on the Impact of Exchange Rate and Inflation on Nifty
1Dr. Tejal Shah, 2Meera Narolkar, 3Saumya Naik
1Assistant Professor, Parul Institute of Management and Research Student
2MBA Department, Parul University, Vadodara, Gujarat Student
3MBA Department, Parul University, Vadodara, Gujarat
https://doi.org/10.47191/jefms/v8-i3-34
ABSTRACT:
This study explores the impact of exchange rates (USD/INR) and inflation (CPI/WPI) on the performance of the Nifty index. By analysing historical data over the past 10 years, the research examines the individual and combined effects of these macroeconomic factors on stock market returns. Using correlation and regression analysis, the study identifies significant relationships, offering insights for investors and policymakers to make informed financial decisions.
KEYWORDS:
Exchange Rate, Inflation, Nifty Index, USD/INR, CPI, WPI, Macroeconomic Factors.
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