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Study on inter sector association rules in national stock exchange, India

Publication Type : Conference Paper

Publisher : 2015 International Conference on Advances in Computing, Communications and Informatics, ICACCI 2015

Source : 2015 International Conference on Advances in Computing, Communications and Informatics, ICACCI 2015, Institute of Electrical and Electronics Engineers Inc., p.859-865 (2015)

Url : https://www.scopus.com/inward/record.uri?eid=2-s2.0-84946208734&partnerID=40&md5=381f20fc9400e9336414ee6f22e0d02e

ISBN : 9781479987917

Keywords : Apriori algorithms, Association rules, Costs, Financial markets, Information science, NIFTY, Sector index, Stock exchange, Stock price

Campus : Coimbatore

School : School of Business

Year : 2015

Abstract : pIn this paper, the stocks grouped under different sector indices under National Stock Exchange (NSE) of India are analyzed to identify any interesting relations among the sectors. Concept of Association rules is used for this analysis. Stocks are grouped into sectors based on their operations/industrial classification. Owing to their similarity in every context stock prices within a sector generally vary in the same direction. This study examines inter sector relations using association rules. Daily closing prices are used to identify the trend of stock price variation which are in turn processed using Apriori algorithm [1] to get association rules and those spanning across sectors are separated and their behavior is analyzed. © 2015 IEEE./p

Cite this Research Publication : S. Ulagapriya and Dr. P. Balasubramanian, “Study on inter sector association rules in national stock exchange, India”, in 2015 International Conference on Advances in Computing, Communications and Informatics, ICACCI 2015, 2015, pp. 859-865.

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