An Assessment of Correlation between Twitter Sentiments Indicators and Stock Market Indicators, with Reference to BSE and NSE in India

The study aims to reveal the relationship between Twittersentiments indicators and stock market indicators, with referenceto BSE and NSE in India. This study used secondary dailytime-series data, for a period of two years, from 01.01.2018 to31.12.2019. Statistical tools, such as Descriptive Statistics andA correlation Matrix was employed to perform the analysis. It wasfound from the correlation analysis that there was a relationshipbetween Twitter sentiments indicators and stock market indicators.The findings of the study would be useful to the investors and otherparticipants in the stock market, as they seek to understand theinfluence of Twitter on stock returns