SUBMITTED TO:

SUBMITTED BY: GROUP NO. 5

DEEPTI SHARMA -PGFB1113 HIMANSHU YADAV -PGFB1119 SAURABH SRIVASTAVA -PGFB1141 SHREYA -PGFB1144 SUMIT AGARWAL -PGFB1151

Dr. Prathibha Wasan

WHETHER IN THE MONTH OF DIWALI RETURNS ARE DIFFERENT OR NOT Process involved in finding out the results: I: Searched the companies on NSE INDIA.com web site II: Found the Prices of the Products of the Respective Company III: Selected the data, 15 days before and after the diwali period. IV: Calculated the returns by using the formula: (Intraday High price - Intraday low price)/Previous day Closing Price*100 V: Established the Hypothesis VI: Calculated the returns Mean and standard deviation for the diwali period which is sample-1 and remaining days which is sample-2. VII: Now applied two sample test methods to calculate Z-test Value because no. of sample is greater than 30. VIII: Compared Z-test value with the critical values at significance level of 95% and 99%. IX: Concluded the result according the test value.

Combined Effects of Budgeting on stocks:

X: Calculated the returns mean and standard deviations of the 5 stocks in budgetary period and remaining days. XI: Using t-Test of two samples, found the t-value and compared it with t-test critical values XII: Conclusion of Result according to the Test Value.

FORMULATION OF HYPOTHESIS:
Null Hypothesis (Ho): Returns are not different. Alternate Hypothesis (H1): Returns are different.

Conclusion:
For Combined Stocks: Since the T test value is less than the t critical values so we will accept the null hypothesis hence the combined effect of prices of shares on diwali season doesnt impact on returns.