International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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RELATIONSHIP BETWEEN STOCK LIQUIDITY AND STOCK PRICE OF SELECTED COMPANIES LISTED ON BSE

    2 Author(s):  N NAGARAJA, AZRA HAJIZADEH

Vol -  10, Issue- 6 ,         Page(s) : 65 - 73  (2019 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Stock market liquidity is an important perspective to assess the stock market developments and Stock prices are generally treated as lead indicator of future economic activity. These two factors are hence important in determining the position of the stock and the company. Hence, the study aimed to ascertain if a relationship exists between Stock Liquidity and Stock Price. 70 companies listed on the Bombay Stock Exchange (BSE) belonging to different sectors were considered for analysis. The values of stock liquidity and stock price during the period 2014 to 2018 were calculated and desired results were obtained. Pearson Correlation was used to test the hypothesis and no relationship was found between stock liquidity and stock price.

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