ISSN: 2349-5162 | Impact Factor: 5.87

JETIREXPLORE- Search Thousands of research papers



Published in:

Volume 5 Issue 10
October-2018
eISSN: 2349-5162

Unique Identifier

JETIRG006018

Page Number

138-149

Share This Article


Indexing Partner


Title

Comparative Study on the volatility of share price of private and public sector Banking Companies

ISSN

2349-5162

Cite This Article

"Comparative Study on the volatility of share price of private and public sector Banking Companies ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 10, page no.138-149, October-2018, Available :http://www.jetir.org/papers/JETIRG006018.pdf

Abstract

Investment in equity is a lucrative opportunity to make best return and to hedge against the threat of inflation. Stock market is the one of the most important investment avenue constitutes thousands of securities. NSE and BSE are the leading stock exchanges operating in India. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country. NSE has several indices which serve investors of different sectors. Broad market indices like NIFTY 50, NIFTY 100, NIFTY 500, Nifty midcap 50, Nifty midcap 250, and Nifty small cap 100 serve as a benchmark for measuring the performance of the stocks or portfolios. NSE owns separate sectoral indices like Nifty Auto, Nifty Bank, Nifty FMCG, and Nifty IT etc. which support investors to understand performance of various industrial sectors in the economy. There are 3 indices especially for banking sector namely, Nifty Bank, Nifty private bank, Nifty PSU Bank for banking companies. Nifty Bank constitutes 12 banks, 9 from private and 3 public sector banks listed in NSE, Nifty private bank consists of 10 private sector banks and Nifty PSU bank consists 12 public sector banks listed in NSE. Selection of securities for investment is a crucial work which requires in depth study and better awareness regarding share price movements. This study intends to understand the volatility of share prices of three banking companies each of private and public sector. As it is an analytical research, secondary data has used for the study. Tools used for this are percentage, Trend lines and Market Indicators. Further the study analyzed the market volatility by using mean, standard deviation and correlation using the opening and closing prices and monthly average prices. Increased growth in the rate of non-performing assets especially in the case of public sector banks developed a negative image on the face of banks. Demonetization announced by the central Govt. on 8th Nov 2016 raised a big controversy in the nation regards its impact. A number of scams related to banking sector in the form of non repayment of huge loans by corporate were also come into the news after the date of demonetization. In the light of all these, this study attempts to compare the performance of public sector banks with private sector banks in its stock price. It study the performance of stock prices of banking sector companies and its volatility during the last one year period starts from 1st sep 2017 to 31st Aug 2018.

Key Words

Private Bank, Public sector bank, Nifty Bank, Nifty Private Bank, Nifty PSU Bank

Cite This Article

"Comparative Study on the volatility of share price of private and public sector Banking Companies ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 10, page no. pp138-149, October-2018, Available at : http://www.jetir.org/papers/JETIRG006018.pdf

Publication Details

Published Paper ID: JETIRG006018
Registration ID: 189013
Published In: Volume 5 | Issue 10 | Year October-2018
DOI (Digital Object Identifier):
Page No: 138-149
ISSN Number: 2349-5162

Download Paper

Preview Article

Download Paper


UGC and ISSN Approved Journal | Call For Paper
(Volume 5 | Issue 12 | December 2018 |Impact factor 5.87)

Call For Paper | Volume 5 | Issue 12 | Impact factor 5.87


Cite This Article

"Comparative Study on the volatility of share price of private and public sector Banking Companies ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 10, page no. pp138-149, October-2018, Available at : http://www.jetir.org/papers/JETIRG006018.pdf

Important Dates Related to Publication Procedure:
  • » Paper Submission Till: 29 December 2018.
  • » UGC and ISSN Approved Journal
  • » Review (Acceptance/Rejection) Notification: Within 02-04 Days.
  • » Paper Publish:Within 02-07 Days after submitting the all documents.
  • » Frequency: Monthly (12 issue Annually)
  • » Journal Type : Open Access
  • »Indexing In Google Scholar, ResearcherID Thomson Reuters, Mendeley : reference manager, Academia.edu, arXiv.org, Research Gate, CiteSeerX, DocStoc, ISSUU, Scribd, and many more | High Impact Factor: 5.87 Digital object identifier (DOI) and Hard Copy of certificate Provided.
Publication and Indexing Patner:




Preview This Article


Downlaod

Click here for Article Preview

Download PDF

Downloads

00057

Print This Page

Impact Factor

Impact factor: 5.87