• Dr. Madhvi Kush
• Rajat Kush

Market index return is always gets influenced by number of external factors like market risk, interest rate risk, exchange rate risk, government policy etc. Relationship between market return and shareholder’s wealth has been always a topic for research among researchers. The objective of the current study is to analyse the reaction of market index return on the individual stock return in Indian stock market. 6 organizations on the basis of market capital have been selected and data has been derived for the period of 2017-2020 from the website of national stock exchange (NSE). Data has been analysed in SPSS software using correlation and regression tool. In the case of Bank of Baroda and LIC, significant correlation and regression was found among market index return and individual stock return. This means that market return has significant impact on shareholder’s wealth whereas other result indicates insignificant relation between both of the variables.

Market return, Indian economy, Indian stock market, Shareholder’s wealth, Stock market, Stock return

"The Dynamics of Market Index Returns and Shareholder’s Wealth in India: Volatility Strength", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.356-366, April-2019, Available :http://www.jetir.org/papers/JETIR1904V02.pdf

"The Dynamics of Market Index Returns and Shareholder’s Wealth in India: Volatility Strength", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp356-366, April-2019, Available at : http://www.jetir.org/papers/JETIR1904V02.pdf