A Study of Impact of Macroeconomic Variables on Performance of Nifty

The paper tries to examine the primary factors responsible for affecting National Stock Exchange (NSE) in India. Further this paper attempts to investigate the relative influence of the factors affecting NSE and thereby categorizing them. It is a well known fact that dollar price or money exchange rate, IIP numbers and WPI values has a great influence on Nifty therefore; this research identifies the level of influence of exchange rate, IIP numbers and WPI values on Nifty. For establishing the relationship Regression Analysis has been used by using SPSS. The results suggest that values of IIP, WPI and Exchange Rate significantly affect the performance of Nifty