• Abhinav Sood
• Akash Saxena
• Dr.Rajkumar S.

Introduction: There have been many debates that have supported both sides of the discussion of if the stock market could be considered as an indicator of the economy. This topic is often debatable because many statistical tools support the other side of the discussion. Research Objective: To examine a relationship between the stock market and the economy in the Indian context. Literature Review: Previous researchers have found that economic growth plays a crucial role in determining the stock price movements and the growth in the economy can also result in a growth in the overall market but the question of if the stock market and its trends could be sued to determine the overall economic condition which would happen in a near future in a volatile and a developing market of India still holds one of the major points of discussions. Research Methodology: Technical analysis, correlation, regression analysis would be used to analyse the relationship between stock index, stock prices, and economic activity. These tools would not only provide the relationship between the stock market and the economy but also define the degree of relationship between the two. Recommendations: Stock markets are crucially linked to economic growth but considering the stock market as a leading indicator could indicate if the stock market and its trends could be considered as an indicator establishes a whole new question of concern. India is a developing country which means that it is in its growing phase and due to this factor, there is immense potential in both in terms of stock market growth and the economy. Future Directions: Therefore, analysing and understanding that if the stock market can be considered as an indicator for the Indian economy can help us in future researchers in various domains. Keywords: Indian stock market, economic indicator, Indian economic conditions, economic growth in India.

"Stock Market as a Leading Economic Indicator in the context of the Indian economy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 7, page no.b104-b116, July-2021, Available :http://www.jetir.org/papers/JETIR2107143.pdf

"Stock Market as a Leading Economic Indicator in the context of the Indian economy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 7, page no. ppb104-b116, July-2021, Available at : http://www.jetir.org/papers/JETIR2107143.pdf