• 1. SHANAVAS S M
• 2. Dr. A V Hemalatha

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.

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

"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

"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