• Dr P Saritha
• Prof D Hemalatha
• Dr Manzoor Ali Khan

Investors have become smart, they want high returns with less risk, hence the smart investors choose sectoral funds to mitigate the risk of market volatility. In India, one of the most attractive sectoral funds is Bank Nifty, which comprises 12 bank stocks. Bank Nifty will be usually impacted due to macro policy announcements such as Repo, Reverse Repo, Cash Reserve Ratio, Statutory Liquidity Ratio. Usually increase in Repo rate effects banking stocks in a negative manner as the banks have to pay higher rate of interest for the funds which they have taken from Reserve Bank of India. Especially this is seen in the immediate volatility, later this will be corrected. So there is a need for a study to check how the announcement of Repo Rate changes impact the Bank Nifty index. The present research work focuses on Repo announcements from 2019 to 2023 and the hypotheses have been tested at 0.05 significance level and it is found that there will be a significant change in the values of Bank Nifty values post announcement of Repo rate

Bank Nifty, Monetary Policy Announcements, Repo rate, Reserve Bank of India and Volatility

"THE RELATIONSHIP BETWEEN REPO RATE CHANGES AND BANK NIFTY VOLATILITY IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 12, page no.e255-e262, December-2024, Available :http://www.jetir.org/papers/JETIR2412427.pdf

"THE RELATIONSHIP BETWEEN REPO RATE CHANGES AND BANK NIFTY VOLATILITY IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 12, page no. ppe255-e262, December-2024, Available at : http://www.jetir.org/papers/JETIR2412427.pdf