A Study on Growth of Indian Stock Market: A Comparative Analysis between BSE Sensex and NSE Nifty

Abstract

Stock market trading involves the acquisition and disposition of shares via a designated stock exchange. A Stock Exchange serves as the designated market location where investors trade shares of publicly traded companies listed corporations. Once an Indian corporation undergoes an initial public offering (IPO), it becomes eligible for inclusion in the roster of publicly traded entities on a stock exchange within the Indian stock market. Stock market volatility refers to the consistent swings in stock prices. The study compares the development paths of the Bombay Stock Exchange (BSE) Sensex and the National Stock Exchange (NSE) Nifty, two stock market indices that reflect the two major stock exchanges in India. The research presented here relies entirely on secondary sources and covers the period of time between the fiscal years of 2008-09 and 2022-23.