Volatility Analysis of Indian Banking Sector using Bollinger Bands
Sandeep Bhattacharjee1, Moumita Saha2
1Prof. Sandeep Bhattacharjee, Assistant Professor, Amity University, Kolkata, Major Arterial Road, Action Area II, Kadampukur Village, Rajarhat, Newtown, Kolkata (West Bengal), India.
2Moumita Saha, Customer Relationship Officer, Bandhan Bank, Floor11, Adventz Infinity, BN5, Street no.18, BN Block, Sector5, Bidhannagar, Kolkata (West Bengal), India.
Manuscript received on 25 February 2023 | Revised Manuscript received on 18 May 2023 | Manuscript Accepted on 15 May 2023 | Manuscript published on 30 November 2023 | PP: 15-19 | Volume-3 Issue-1, May 2023 | Retrieval Number: 100.1/ijef.B2545113223 | DOI : 10.54105/ijef.B2545.053123
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© The Authors. Published by Lattice Science Publication (LSP). This is an open-access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: This research paper aims to analyze the bank volatility in India by examining various factors that contribute to fluctuations in the Indian banking sector. The study investigates the impact of regulatory reforms, macroeconomic indicators, financial stability, and global factors on bank volatility. The research utilizes a comprehensive dataset covering a period of one year i.e (01-04-2022 to 31-03-2023) to provide an in-depth understanding of the dynamics of bank volatility in India. We have used Bollinger bands to understand the volatility of three premier banks in India namely, HDFC Bank, ICICI Bank and STATE BANK OF INDIA in Indian stock market. The findings of this study will contribute to the existing literature on banking in emerging markets, understand the factor of volatility in present times and will also provide valuable insights for policymakers and stakeholders in the Indian banking sector.
Keywords: Banks, Financial, India, Stocks, Volatility
Scope of the Article: Investments, Derivatives