摘要：This paper examines the effect of oil prices movements on the stock price of Oil and Gas companies in National Stock Exchange. Using daily data; the dynamic interaction between Oil and Gas sector price and CNX nifty is investigated. The results suggest that there exists significant relationship between oil price and stock exchange indeed with high level of volatility. Through the unit root analysis researcher can suggested that series is stationary at 2nd difference so it can be identified that the trend predicted after two working days.
