Peer Reviewed Open Access

This paper is reviewed in accordance with the Peer Review Program of IRA Academico Research

Comparative Risk Return Analysis of Bombay Stock Market with Selected Banking Stocks in India

Pramod Kumar Patjoshi
DOI: http://dx.doi.org/10.21013/jmss.v4.n1.p18
Abstract

The stock markets in India are contributing an enormous extent in progress of the economy. The banking sector engages major share among other sectors in Indian stock trading scenario. The study examines the correlation between risk and return of the Sensex and banking stocks of BSE 30 (Sensex). India’s one of the superior stock exchange i.e. Bombay Stock Exchange (BSE). In this study different Sensex and banking stock indices have been used to examine the risk return trade off of Sensex with that of HDFC Bank, ICICI Bank, Axis Bank and SBI. The study is based on secondary data. The data for the analysis has taken from the BSE website over a period of 15 years from January 1, 2001 to December 31, 2015. In this analysis for testing the presence or absence of risk return trade off  in the Indian equity markets and for testing hypothesis, different methods like correlation, regression, descriptive statistics and t test have been employed.

Keywords
BSE, Banking Stock, Return, Stock market, risk
Full Text:
PDF

©IRA Academico Research & its authors
This article is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This article can be used for non-commercial purposes. Mentioning of the publication source is mandatory while referring this article in any future works.