{"id":21495,"date":"2024-10-10T07:10:38","date_gmt":"2024-10-10T01:40:38","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=21495"},"modified":"2024-10-10T07:10:38","modified_gmt":"2024-10-10T01:40:38","slug":"relationship-of-kotak-mahindra-bank-ltd-with-nifty-50-2","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=21495","title":{"rendered":"Relationship of Kotak Mahindra Bank Ltd with Nifty-50"},"content":{"rendered":"

Title:<\/u><\/strong> Relationship of\u00a0Kotak Mahindra Bank Ltd\u00a0with Nifty-50<\/p>\n

\u00a0<\/u><\/strong><\/p>\n

Author:<\/u><\/strong>\u00a0Keshav Ishwar Goel<\/p>\n

\u00a0<\/p>\n

Introduction<\/u><\/strong><\/p>\n

\u00a0<\/u><\/p>\n

Kotak Mahindra Bank Ltd., established in 1985, is one of India\u2019s leading private sector banks. Originally a financial services company, it received its banking license in 2003. With a robust network of branches and ATMs across the country, Kotak Mahindra Bank offers a wide range of financial products and services, including retail banking, corporate banking, investment banking, and wealth management.\u00a0<\/p>\n

\u00a0<\/p>\n

The bank is known for its customer-centric approach, innovative solutions, and commitment to technology-driven banking. Kotak Mahindra Bank aims to empower individuals and businesses by providing accessible and reliable banking services, fostering financial inclusion, and contributing to the economic growth of India.<\/p>\n

\u00a0<\/p>\n

Objective\u00a0<\/u><\/strong><\/p>\n

To find out the beta value of\u00a0Kotak Mahindra Bank Ltd\u00a0and its significance.<\/p>\n

\u00a0<\/p>\n

Data Collection<\/u><\/strong><\/p>\n

The data of\u00a0Kotak Mahindra Bank Ltd\u00a0and Nifty 50,\u00a0from the period 01.05.2023 to 30.04.2024,\u00a0was downloaded from\u00a0NSE\u2019s official website\u00a0nse.india.\u00a0<\/p>\n

Data was manipulated to find Friday closing prices.<\/p>\n

The weekly returns of\u00a0Kotak Mahindra Bank Ltd\u00a0and\u00a0the\u00a0weekly returns of Nifty 50\u00a0were calculated.<\/p>\n

The weekly return of Nifty-50 is X and the weekly return of\u00a0Kotak Mahindra Bank Ltd\u00a0is Y.<\/p>\n

Lastly, the weekly returns of\u00a0Kotak Mahindra Bank Ltd(Y)\u00a0were regressed on weekly returns of Nifty 50\u00a0(X).<\/p>\n

\u00a0<\/p>\n

Data Analysis<\/u><\/strong><\/p>\n

Equation<\/u><\/strong><\/p>\n

\u00a0<\/u><\/strong><\/p>\n

Weekly Returns of Kotak Mahindra Bank Ltd\u00a0 = 0.82 + 0.92 Weekly Returns of Nifty-50<\/p>\n\n\n\n\n\n\n
\n

N (no. of observations)<\/strong><\/p>\n<\/td>\n

\n

49<\/p>\n

\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

R2<\/sup><\/strong><\/p>\n<\/td>\n

\n

0.212521<\/p>\n

\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

F-stat<\/strong><\/p>\n<\/td>\n

\n

12.41428<\/p>\n

\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

p-value<\/strong><\/p>\n<\/td>\n

\n

0.00<\/p>\n

\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/p>\n

Interpretation: <\/strong>The above equation shows the relationship between weekly returns of Nifty 50 and Kotak Mahindra Bank Ltd.<\/strong> The negative (+) sign before the co-efficient of Nifty 50 tells that if Nifty 50 rises, Kotak Mahindra Bank Ltd will be also rise and vice versa. If Nifty rise by 1 unit, Kotak Mahindra Bank Ltd will rise by (0.934) unit. The figure in the bracket is t-stat for beta and the p-value for which is 0.0009, which is less than 0.5, which means that beta is statistically significant at 5% level.<\/p>\n

R^2=0.212 which means 21.2% of Kotak Mahindra Bank Ltd returns are explained by Nifty 50, the balance 78.8% is due to fundamental.<\/p>\n

F=12.41 and P value=0.0009, which means that overall model is statistically significant at 5% level.<\/p>\n

\u00a0<\/p>\n

Conclusion- <\/strong>As per the given data of RELATIONSHIP OF Kotak Mahindra Bank Ltd WITH NIFTY50.<\/strong> We come at the conclusion that the Beta value > 0 and Beta value < 1, which means that long team investment in this company for investment.<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Title: Relationship of\u00a0Kotak Mahindra Bank Ltd\u00a0with Nifty-50 \u00a0 Author:\u00a0Keshav Ishwar Goel \u00a0 Introduction \u00a0 Kotak Mahindra Bank Ltd., established in 1985, is one of India\u2019s leading private sector banks. Originally a financial services company, it received its banking license in 2003. With a robust network of branches and ATMs across the country, Kotak Mahindra Bank… Continue reading Relationship of Kotak Mahindra Bank Ltd with Nifty-50<\/span><\/a><\/p>\n","protected":false},"author":139507,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[127,176],"class_list":["post-21495","post","type-post","status-publish","format-standard","hentry","category-investing","tag-kotak-mahindra-bank-limited","tag-nifty50","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/139507"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21495"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21495\/revisions"}],"predecessor-version":[{"id":21496,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21495\/revisions\/21496"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21495"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}