• PRIYANKA ANAND
• S.K Shrivastava

The present study focuses on the Crude oil prices and their impact on Nifty 50. For this study the data is taken for ten years i.e from 2008 to 2018. The Crude oil prices are ever fluctuating and this very reason has impacted lot on the stock returns for Nifty 50 companies.The Daily closing stock prices of Nifty 50 are taken into consideration and VAR model of co integration is applied to see the integration between the two variables but the results show there is no long term integration between the variables and there is also weak correlation between the two variable which is calculated as - 0.217 which may be due to constant fluctuations in the crude oil prices. The findings of this research may be helpful to the corporate managers, policy makers as well as investors for drawing some conclusions which are fruitful for stock market operations.

Nifty 50, crude oil prices, Co – integration

"Crude oil prices and its impact on stock market returns", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.338-341, April-2019, Available :http://www.jetir.org/papers/JETIR1904F55.pdf

"Crude oil prices and its impact on stock market returns", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp338-341, April-2019, Available at : http://www.jetir.org/papers/JETIR1904F55.pdf