An Analysis of Stock Prices of Banking Companies Shares for the Year 2021

Authors

  • S. Swetha Student, Department of Management Studies, PES University, Bengaluru, India
  • Anitha Jandhyala Associate Professor, Department of Management Studies, PES University, Bengaluru, India

Keywords:

Banking sector, NIFTY, NSE, Stock exchange, Stable, Coefficient of variation

Abstract

This research paper understands and analyses the fluctuations of stock prices in Banking Sector during the year 2021. 10 banking companies which include 7 public sector and 3 private sectors, namely- Axis Bank, Federal Bank, ICICI Bank, Karnataka Bank, Canara Bank, HDFC Bank, Bank of India, Kotak Mahindra Bank, Bank of Baroda, and IDBI Bank using the closing prices of NIFTY, NSE Stock Exchange are considered for the study. From the data, it is evident that HDFC bank shares are most stable than other bank shares since the coefficient of variation is less and hence, we can choose HDFC Bank for better investment decision.

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Published

05-08-2022

Issue

Section

Articles

How to Cite

[1]
S. Swetha and A. Jandhyala, β€œAn Analysis of Stock Prices of Banking Companies Shares for the Year 2021”, IJRESM, vol. 5, no. 7, pp. 138–144, Aug. 2022, Accessed: Apr. 20, 2024. [Online]. Available: https://journal.ijresm.com/index.php/ijresm/article/view/2302