ISSN2320-2882
Impact Factor9.17
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ESTD2013
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Paper Title
Dynamic Relationship between Stock Returns, Trading Volume and Volatility: Evidence from Indian Stock Market
Authors
Dr. K. LAXMAN GOUD
Keywords
Indian stock market, stock returns, trading volume, volatility, Nifty 50, quantile regression, Granger causality, market microstructure, implied volatility, risk management.
Abstract
This research paper investigates the dynamic relationship between stock returns, trading volume, and volatility in the Indian stock market, with a focus on the Nifty 50 index from 2018 to 2023. Employing advanced econometric models such as quantile regression and Granger causality tests, the study explores how changes in stock returns influence trading volumes and volatility, and vice versa. Findings reveal an asymmetric effect where negative returns significantly increase volatility, while positive returns tend to elevate trading volume. The study further highlights a unidirectional causality from implied volatility to stock returns, suggesting that volatility indexes can serve as effective hedging tools for investors. These insights contribute to understanding market microstructure and can assist investors in making informed decisions by anticipating market fluctuations and managing risk effectively.
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How To Cite
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IJCRT — journal style
"Dynamic Relationship between Stock Returns, Trading Volume and Volatility: Evidence from Indian Stock Market", IJCRT - International Journal of Creative Research Thoughts (www.ijcrt.org), ISSN:2320-2882, Vol.13, Issue 10, page no.c839-c848, October 2025, Available :https://ijcrt.org/papers/IJCRT2510339.pdf
APA — 7th edition
GOUD, K. L. (2025). Dynamic Relationship between Stock Returns, Trading Volume and Volatility: Evidence from Indian Stock Market. International Journal of Creative Research Thoughts, 13(10), c839-c848. https://ijcrt.org/viewpaperforall.php?paper=IJCRT2510339
MLA — 9th edition
GOUD, K. LAXMAN. "Dynamic Relationship between Stock Returns, Trading Volume and Volatility: Evidence from Indian Stock Market." International Journal of Creative Research Thoughts, vol. 13, no. 10, 2025, pp. c839-c848, https://ijcrt.org/viewpaperforall.php?paper=IJCRT2510339.
Chicago — 17th, bibliography
GOUD, K. LAXMAN. "Dynamic Relationship between Stock Returns, Trading Volume and Volatility: Evidence from Indian Stock Market." International Journal of Creative Research Thoughts 13, no. 10 (2025): c839-c848. https://ijcrt.org/viewpaperforall.php?paper=IJCRT2510339.
Harvard — author–date
GOUD, K.L. (2025) 'Dynamic Relationship between Stock Returns, Trading Volume and Volatility: Evidence from Indian Stock Market', International Journal of Creative Research Thoughts, 13(10), pp. c839-c848. Available at: https://ijcrt.org/viewpaperforall.php?paper=IJCRT2510339
IEEE — numbered reference
K. L. GOUD, "Dynamic Relationship between Stock Returns, Trading Volume and Volatility: Evidence from Indian Stock Market," IJCRT, vol. 13, no. 10, pp. c839-c848, Oct. 2025.
Vancouver — biomedical
GOUD KL. Dynamic Relationship between Stock Returns, Trading Volume and Volatility: Evidence from Indian Stock Market. IJCRT. 2025 Oct;13(10):c839-c848.
AMA — 11th edition
GOUD KL. Dynamic Relationship between Stock Returns, Trading Volume and Volatility: Evidence from Indian Stock Market. IJCRT. 2025;13(10):c839-c848. Accessed at https://ijcrt.org/viewpaperforall.php?paper=IJCRT2510339
BibTeX — Zotero, Mendeley, LaTeX
@article{IJCRT2510339,
author = {K. LAXMAN GOUD},
title = {Dynamic Relationship between Stock Returns, Trading Volume and Volatility: Evidence from Indian Stock Market},
journal = {International Journal of Creative Research Thoughts},
volume = {13},
number = {10},
pages = {c839-c848},
year = {2025},
month = {October},
issn = {2320-2882},
url = {https://ijcrt.org/viewpaperforall.php?paper=IJCRT2510339}
}
RIS — EndNote, RefWorks
TY - JOUR
AU - GOUD, K. LAXMAN
TI - Dynamic Relationship between Stock Returns, Trading Volume and Volatility: Evidence from Indian Stock Market
T2 - International Journal of Creative Research Thoughts
JA - IJCRT
VL - 13
IS - 10
PY - 2025
SN - 2320-2882
UR - https://ijcrt.org/viewpaperforall.php?paper=IJCRT2510339
SP - c839-c848
ER -
Issue
Volume 13 Issue 10,
October-2025
Pages : c839-c848
Article Information
- Published In
- International Journal of Creative Research Thoughts — Volume 13, Issue 10, October 2025
- Pages
- c839-c848
- Published
- October 2025
- Registration ID
- IJCRT_295103
- Published Paper ID
- IJCRT2510339
- Research Area
- Social Science All
- Author Type
- Indian Author
- Location
- Hyderabad, Telangana, India
- Peer Review
- Request Peer Review Report
- Licence
- CC BY 4.0 · Open Access
- ISSN & Impact Factor
- 2320-2882 · IF 9.17
- Downloads
- 207
- Permanent Link
- https://ijcrt.org/viewpaperforall.php?paper=IJCRT2510339
- Published Paper PDF
- https://ijcrt.org/papers/IJCRT2510339.pdf
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No external funding was received for this study.
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Acknowledgements
The authors would like to thank the reviewers and the editorial board of International Journal of Creative Research Thoughts for their careful reading and constructive comments, and all colleagues who supported the preparation of this manuscript.
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