A Study on Impact of Union Budget on Nifty50 and Volatility

Akash Kumar; Akash Prajapati; Dr. Rohtash Bhall

A Study on Impact of Union Budget on Nifty50 and Volatility

Authors: Akash Kumar, Akash Prajapati, Dr. Rohtash Bhall

Unique Paper ID: 174710
Volume: 11
Issue: 11
PageNo: 530-533

Keywords: Union Budget Stock Market Volatility NIFTY 50 Market Reactions Investor Sentiment Statistical Analysis Event Study Fiscal Policy.

Abstract:
The study examines the impact of Union Budget announcements on the Indian stock market, focusing on key indices such as NIFTY 50. Using a descriptive research design, the study employs historical data from NSE/BSE spanning 2020 to 2024 and applies statistical tools such as the T-test to assess market volatility and rate of return before and after budget announcements. The findings suggest that while long-term volatility increases significantly post-budget announcements, short-term and medium-term volatility remain statistically insignificant. Similarly, the analysis of NIFTY 50 returns indicates no significant impact of budget announcements across different time frames. The study concludes that although budget announcements may trigger short-term fluctuations, they do not have a sustained influence on market performance. Investors should exercise caution around budget periods due to short-term volatility, while regulators may consider real-time market monitoring. Future research could explore sector-wise impacts of budget announcements to provide more granular insights into market behavior.

Download article

email to a friend

Cite This Article

ISSN: 2349-6002
Volume: 11
Issue: 11
PageNo: 530-533

A Study on Impact of Union Budget on Nifty50 and Volatility

Available:https://ijirt.org/Article?manuscript=174710

02 Apr, 2025

Social Media Influence Unleashed: Gen Z’s Role in Transforming Vadodara’s Small Business Landscape

31 Mar, 2025

Impact of E-Pharmacy on Patient Medication Adherence and Health Outcomes

31 Mar, 2025

A study on consumer buying behaviour towards FMCG products

27 Mar, 2025

Effectiveness of Customer Relationship Management in the Retail Industry: A Case Study of Pantaloons in Vadodara

20 Mar, 2025

The Role of Chatbots in Enhancing Customer Experience

20 Mar, 2025

INFLUENCER MARKETING AND ITS ROLE IN CONSUMER BEHAVIOUR AND PURCHASE INTENTIONS IN THE FASHION INDUSTRY

18 Mar, 2025

Consumer Preferences for Storytelling in Social Media Content (Reels) and Its Impact on Engagement

17 Mar, 2025

A Comprehensive Study on Brand Loyalty and Customer Retention Strategies of ACC Limited

17 Mar, 2025

A STUDY ON CUSTOMER BRAND EQUITY OF PRAKASH CHEMICALS PVT. LTD. IN VADODARA CITY

17 Mar, 2025

Impact of Social Media Advertising on Consumer Buying Behaviour in Indian E-commerce Industry

Impact Factor
8.01 (Year 2024)

UGC Approved
Journal no 47859

Join Our IPN

IJIRT Partner Network

Submit your research paper and those of your network (friends, colleagues, or peers) through your IPN account, and receive 800 INR for each paper that gets published.

Join Now

Latest Publication

Recent Conferences

NCSEM 2024

National Conference on Sustainable Engineering and Management - 2024 Last Date: 15th March 2024

Submit inquiry