INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
This qualitative analysis investigates the potential systematic risk of the crypto market on the Indian stock market. The study focuses on the relationship between the NIFTY 50 index, representing the Indian stock market, and six major crypto-currencies. Using Granger causality, Pearson correlation, and multivariate regression analysis, the study examines volatility, returns, and interconnections between the two markets. The findings reveal that crypto-currencies exhibit higher volatility and returns compared to the stock market, but there is a low positive correlation and no significant Granger causality. Consequently, the study concludes that the crypto market does not pose a substantial systematic risk to the Indian stock market.
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"Impact of Crypto currency on Indian Stock Exchange: A Qualitative analysis", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 1, page no.b186-b193, January-2024, Available :http://www.ijnrd.org/papers/IJNRD2401120.pdf
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2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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