*Associate Professor of Management Studies, Periyar University, PG Extension Centre, Dharmapuri-636705, Tamilnadu, India
**Part-Time Research Scholar, Bharathiar University, Coimbatore-641046, Tamilnadu, India
Online published on 24 October, 2019.
Construction industry plays a significant role in the economic development of the country. Almost 35 Million people are employed in construction sector and it's the second largest after agriculture sector in Indian economy and it is expected to grow than agriculture sector in 2022 by providing employment opportunity to 75 Million people. In addition to that size, Indian construction industry expected to touch one trillion landmarks by 2025. FDI policies were liberalized and expecting huge amount of capital inflows into this sector. Moving average convergence divergence (MACD) was deployed to identify the trend. Based on the findings of the study suitable suggestions also were made for better investment decision.
Foreign Direct Investment (FDI), Overbought, Oversold, MACD, Trend, Equity shares
