Impact of Major Global Stock Market on Indian Stock Market

Abstract

Below paper is an attempt to study impact of World Stock Market of Countries like United Kingdom, United States of America and China on stock market of India  NSE over a period of five years covering from 1 april 2016 to 31 march 2021 using Correlation, Regression and Granger’s causality test. Result of the study shows that movement in stock market of united states of America, United Kingdom, China impact the stock market of India NSE  ( directly or indirectly).in this way this paper is an attempt to examine indispensable factor that affect Indian stock market  directly or indirectly.this paper also analyze various prior study done in the same field.