Impact of Fundamental Factors on IT Sector

The Indian economy is considered a growth engine of the world’s economy.And the stock market of such a robust economy is the face of the growing market and companies in it. The stock market basically is an electronic platform where the shares of the companies are listed and traded. The share returns of the listed companies fluctuate on the basis of various factors that affect and build the sentiments of markets and investors. This book entails that company-specific variables and macroeconomic are two such factors that affect stock returns of IT sector companies. Moreover forecasting stock returns are and will always be a vitally important financial notion confronted by investors. Theirs exist fluctuations in stock returns and therefore investors are always keen to show their interest as they want to take advantage of potential returns from the organization by way of investing in stocks. Hence this book also gives an insight of ARIMA methodology developed by Box and Jenkins in 1970 which has been applied on the stock returns of the top 5 IT companies to predict future returns so that investors can attain their objective of wealth maximization.