Systematic analysis of blue-chip companies of NIFTY 50 index for predicting the stock market movements using ANFIS machine learning approach

Abstract

Stock market plays an important role in the capital formation of a country. The stock market is often considered as the primary indicator of a country’s economic condition, its strength, and development. Companies with a good performance supposedly will have a good demand on its stock, hence boost the price and vice versa. However, there’s manipulation game in the market. Rumors, speculation and short-selling are among the manipulation activities that affect the fluctuation of stock price. The present study is intended to analyse the risk and return of select blue chip companies listed in NIFTY 50 Index using Adaptive neuro-fuzzy inference system, which may prove to be beneficial to the investors who makes investment.