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@article{171565,
        author = {Dr. Amol Bhausaheb Shinde and Mr. Umar Ali Khan and Mr. Shubhakar Gootam and Mr. George Anthony Fernando and Dr. S. Raja and Dr. Soofi Asra Mubeen},
        title = {Behavioural Finance and Risk Management: Navigating Volatility in the Indian Stock Market with a Focus on Bank Nifty},
        journal = {International Journal of Innovative Research in Technology},
        year = {2024},
        volume = {11},
        number = {8},
        pages = {253-258},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=171565},
        abstract = {Behavioral finance as well as risk management strategies influence the trading decisions in Bank nifty index in the Indian stock market, this is what this study gets into. The factors examined in the study include psychology-based bias such as overconfidence, loss aversion and herding using a quantitative research approach. It further assesses the use of risk management measures such as Value-at-Risk and performance measures and their relevance in market volatility. A structured survey was carried out on 200 traders and the results show strong evidence of a correlation between behavioral finance factors and the trading decisions made by their subjects. Value addition for this insight is the fact that risk management measures are strong determinants in curtailing the effects of volatility. These insights assist in improving decision making constructs and strengthening the trading environment, especially in very volatile markets such as Bank Nifty.},
        keywords = {Behavioural Finance, Risk Management, Bank Nifty, Volatility},
        month = {December},
        }