Twitter sentiments and stock indices returns with reference to nifty energy indices of India

Autor: Sakthivel SANTHOSHKUMAR, Murugesan SELVAM
Jazyk: angličtina
Rok vydání: 2024
Předmět:
Zdroj: Theoretical and Applied Economics, Vol XXXI, Iss 1, Pp 125-136 (2024)
Druh dokumentu: article
ISSN: 1841-8678
1844-0029
Popis: An attempt has been made in the study, to examine the correlation between Twitter Sentiments and Stock Indices Returns, with reference to Nifty Energy Indices. This study used daily time series data, for a period of five years from 01.01.2018 to 31.12.2022. The study found positive relationship between variables of twitter positive, negative sentiment and nifty energy indices but negative relationship was found between neutral sentiment and nifty energy indices. The findings of the study would be useful to the investors and other participants of stock market, understanding the influence of Twitter sentiment on the energy indices returns.
Databáze: Directory of Open Access Journals