An Empirical Analysis of Select Sectoral Indices on The Sensex

Sectoral Index represents a single value of the collective performance of many companies in a particular sector. The current study investigates if the select sectoral indices have an impact on Sensex’s movements. The sectors under study are Automobile Index, Consumer Durable Index, Banking Companies Index (Bankex) and Financial Services Index. The study is based on Secondary Data culled from The Bombay Stock Exchange Website which is analysed. Findings will prove to be a guide to investors and portfolio managers on deciding on choosing a sector to invest in based on the Sensex