The Volatility of the Indian Stock Market

Over the years, Indian stock market has become one of the most attractive markets to study. On the one hand, market efficiency cannot be denied only if the fluctuation in the market is very high, rather it is one of the most important parameters for a market to be efficient and it reflects the transparency of the market. On the other hand, excessive amount of volatility may cause destruction and which may lead to crashes or crises in financial markets. Hence, it is very important to model the volatility of a financial market. Since volatility is the most important characteristic of any stock market and so it must be looked into.