{"id":24846,"date":"2026-03-21T21:17:39","date_gmt":"2026-03-21T15:47:39","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=24846"},"modified":"2026-03-21T21:17:39","modified_gmt":"2026-03-21T15:47:39","slug":"relation-of-nifty-50-with-angelone-ltd","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=24846","title":{"rendered":"Relation of Nifty 50 with Angelone Ltd."},"content":{"rendered":"

Title: Relation of Nifty 50 with Angelone Ltd.<\/span><\/b><\/p>\n

Author<\/span><\/b>: Abhinav Bhosale – 01<\/b><\/span><\/p>\n

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Introduction:<\/span><\/b><\/p>\n

This study examines the relationship between the performance of the Nifty Fifty index and the stock returns of Angelone Ltd. The objective is to analyze how movements in the overall market influence the returns of Angelone Ltd. For this purpose, secondary data on daily or monthly returns of both Nifty Fifty and Angelone Ltd is collected and analyzed using regression analysis. The methodology helps estimate the beta value and determine the extent to which market fluctuations affect the company\u2019s stock performance.<\/span><\/p>\n

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Objective: Calculate Beta and observe its significance<\/span><\/strong><\/p>\n

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Literature review:<\/span><\/b><\/p>\n

Kapil Choudhary and Sakshi Choudhary (2010) tested the validity of CAPM in the Indian equity market and observed that although a linear relationship exists between risk (beta) and return, higher beta does not always guarantee higher returns. Their findings suggest that while market performance influences stock returns, other macroeconomic and firm-specific factors may also play an important role.<\/span><\/p>\n

Rakhyani (2025) emphasized that beta represents systematic risk and is a key determinant of how stock returns respond to overall market changes. The study highlights that beta-based strategies and stock performance are influenced by dynamic market conditions, reinforcing the importance of regression analysis in estimating the relationship between market and stock returns.<\/span><\/p>\n

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Data collection:<\/span><\/b><\/p>\n

Data for Nifty 50 and Angelone Ltd was downloaded by Nseindia.com for the period 1\/1\/2025 to 31\/12\/2025 Friday closing price for Nifty 50 and Angelone Ltd were calculated. Weekly returns of Nifty 50 were taken as X and Weekly return of Angelone Ltd were taken as Y. Y was regressed on X.<\/span><\/p>\n

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Data Analysis:<\/span><\/b><\/p>\n

Y= -0.5097+ 2.1249x<\/span><\/p>\n

N= 48\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>R Square= 0.40\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>F= 30.90<\/span><\/p>\n

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Interpretation<\/span><\/b><\/p>\n

The above Equation shows the relationship between NSE and Angelone Ltd. Positive means their Direct relation which means if weekly return of Nifty 50 rises then weekly return of Angelone Ltd also rises and vice versa. If weekly return Nifty 50 increased by 1 unit, then weekly return of Angelone Ltd increases by 2.1249 unit. Number of observations is 48. T-stat for beta is 5.5588. The P value is 1.32019E-06 less than 0.5 meaning Beta is statistically significant at 5% level. R square is 0.40 meaning 40% is the error due to the variable not included in model. F is 30.90 and P value is 1.32019E-06 less than 0.5 meaning Beta is statistically significant at 5% level<\/span><\/p>\n

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Conclusion:<\/span><\/b><\/p>\n

B>1, Hence invest for short term if Nifty 50 rise<\/span><\/p>\n

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Reference:<\/span><\/b><\/p>\n

Choudhary, K., & Choudhary, S. (2010). Testing Capital Asset Pricing Model: Empirical Evidence from Indian Equity Market. Eurasian Journal of Business and Economics.<\/span><\/p>\n

Rakhyani, S. (2025). Time-varying Performance of Beta-based Strategies in Asian Markets<\/i>.<\/span><\/p>\n

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Title: Relation of Nifty 50 with Angelone Ltd. Author: Abhinav Bhosale – 01 \u00a0 Introduction: This study examines the relationship between the performance of the Nifty Fifty index and the stock returns of Angelone Ltd. The objective is to analyze how movements in the overall market influence the returns of Angelone Ltd. For this purpose,… Continue reading Relation of Nifty 50 with Angelone Ltd.<\/span><\/a><\/p>\n","protected":false},"author":140156,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24846","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/24846","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\/140156"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24846"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/24846\/revisions"}],"predecessor-version":[{"id":24847,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/24846\/revisions\/24847"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24846"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}