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@article{190069,
        author = {CA UMESH KUMAR BHAVSAR},
        title = {AN EMPIRICAL STUDY OF RISK AND RETURN ANALYSIS OF THE BSE SENSEX},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {8},
        pages = {714-717},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=190069},
        abstract = {This research paper provides a comprehensive analysis of the risk and return profile of the BSE SENSEX index as of November 2025. Utilising data from the official BSE Index Services, the study examines the index’s historical performance, volatility, and fundamental characteristics. The analysis reveals a robust long-term annualised total return of 14.01% over a ten-year horizon. The study also evaluates risk-adjusted returns using the Sharpe ratio, concluding that the SENSEX continues to serve as an efficient bellwether for the Indian economy.},
        keywords = {},
        month = {January},
        }