*Research Scholar, Department of Commerce, Periyar Govt Arts College, Cuddalore
**Assistant Professor & Head, Department of Commerce, Periyar Govt Arts College, Cuddalore
The Indian Capital Market has undergone changes since 1991 when the Government adopted Liberalization, Privatization and Globalization. Capital Market is an important segment of the financial system of any country as it plays a significant role in mobilizing savings and channeling them towards productive purposes. This study investigates the dynamic interactions among the macro economic variables and stock market indices in the Indian Context. This could be extended to BSE Bombay Stock Market and that the study would be strengthened. The movement of stock indices is very highly sensitive to the changes in fundamentals of the economy and to the changes in expectation about the structure prospects. To investigate the relationship between macroeconomic variables and Indian Stock Market. To identify the impact of macroeconomic variables on Stock Market Index.
Indian Stock Market, Macro Economic Variables, Consumer Price Index, US Dollar, Money Supply