A Study on Impact of Stock Market Volatility on CNX-NIFTY-Empirical Evidence
Author : Dr. Vanumu Chittabbai and Dr. Ch. Vishnu Murthy
Abstract :
When a t-test was performed on global carbon credits and crude oil by BSE Ltd (formerly Bombay Stock Exchange Ltd.) and Trade (supported by GIZ promoted by the Federal Republic of Germany), the value calculated below the t-hypothesis table fell into the significance region. as a result, petroleum oil is having an effect on worldwide carbon emissions. To encourage green investment, the BSE-GREENEX was built by the BSE Foundation and the Indian Institute of Management-Ahmedabad. It places a premium on company financial success and sustainability. It evaluates carbon efficiency solely through quantifiable and objective performance indicators. As far as Green House Gas Numbers, Free Float Market Capitalization, and Turnover, the 20 largest businesses in BSE-GREENEX are included. This paper finds that the energy and pollution indices have a greater impact on the environmental success indicator. Greenex in India will be impacted more in the near future by the country's rising manufacturing and rising car sales. This document will be of use to capitalists who wanted to profit from industrialization's unfavourable effects on the environment and to government agencies that sought to exert command over the planet's biological systems.
Keywords :
BSE-greenex, impact on stock market, energy index
