AN EMPIRICAL STUDY ON STOCKS USING GARCH MODEL REFERENCE TO NSE INDEX

Stock market plays a vital role in the economy of the country as it builds the wealth of the individuals and the institutions. But it may sometimes wipe out the wealth of investors if they don’t invest their money in a proper manner. Studying the stocks, their volatility and their prices from the past and predicting their future prices can be one of the best methods for managing the wealth. GARCH model is one of the best methods for analysing the volatility and predicting their future prices based upon their past performances. Diversifying the portfolio across various classes of stocks might help to mitigate the risks associated with the volatility of the market and the individual stocks. The present study attempts to analyse the volatility of the stocks of the 15 public sector companies for the period of 6 months starting from the month of July 2022 till December 2022 using GARCH Model.