An analytical study of correlation between indian financial securities markets on the basis of two indices; sensitive index of the bombay stock exchange, sensex and national stock exchange, nifty with indian economy considering GDP Performance

This paper aims to study, explore and skim through the literature available about the developments in Sensitive index of BSE and NSE; Sensex and NIFTY and their correlation with Indian economy. The methodology of the study is based on a systematic review of Stock Market, Financial Market, and the trading that takes place there in. Different studies have been searchedconsidering the literatureon Financial Market, BSE, NSEin India,impact of trading in Stock Market on Indian economy especially on large industries and corporate Sectors.Out of the various studies available, few relevantstudieshave beenextensively reviewed. In order to attain the said objectives as below the descriptive and analytical methods have been employed. The study utilizes mainly the secondary data which consists of books, journals, newspapers, magazines, websites, Stock market trading portal and other relevant materials. The volatile nature and various factors affecting volatility of Share Market is studied and analyzed. The role of Stock market in the Indian economy is also discussed. It is also studied and verified whether the Global developments affect Stock Market and in turn Indian economy.