International Journal of Research in Finance and Marketing
  • Year: 2014
  • Volume: 4
  • Issue: 8

Impact of fluctuation: sensex and rupee/dollar

  • Author:
  • Naresh Kumar, Manish Dadhich
  • Total Page Count: 8
  • Page Number: 11 to 18

*Associate Professor, Department Of Eafm, University Of Rajasthan, Jaipur

**Research Scholar, Department Of Eafm, University Of Rajasthan, Jaipur

Online published on 14 October, 2014.

Abstract

On August 28, 2013 Indian rupee has touched historic low of 67.95 before recovering little in next sessions. The depreciating rupee has a cascading effect o Indian economy and that is why the policy makers and RBI are taking the matter more seriously. This research paper delves to signify the relationship between SENSEX and value of rupee/dollar. SENSEX which is a barometer of Indian stock market adversely affected by rupee devaluation and simultaneously discourage FIIs and other investors; resultant economic volatility persists in the market.

Keywords

Depreciation, Forex, SENSEX, FIIs, Volatility of Market and Variables