Over the last 10–15 years, Indian stock markets have seen concerning 3–4 crashes with an equal range of booms. If one were to research the boom and bust cycles of the securities market, it might seem that the economy extremely didn't suffer as badly because the stocks, nor did it vanquish the markets. What then is that the relation between the index costs and also the real economy? This paper tries to check what's the connection between cracking index and economic indicators like value, FII and Exchange Rates. The data of year 2016–17 has been taken to check the connectedness between Index costs and economic indicators. when varied tests it's finished that cracking index costs don't seem to be powerfully laid low with value, FII and rate (between Indian rupees and US dollars). However, it's found that index is closely obtaining laid low with its own previous knowledge
FII, GDP, Nifty Index, Exchange Rate, FDI
