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

Author

Listed:
  • Sakthivel SANTHOSHKUMAR

    (Bharathidasan University, Tiruchirappalli, India)

  • Murugesan SELVAM

    (Bharathidasan University, Tiruchirappalli, India)

Abstract

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.

Suggested Citation

  • Sakthivel SANTHOSHKUMAR & Murugesan SELVAM, 2024. "Twitter sentiments and stock indices returns with reference to nifty energy indices of India," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(638), S), pages 125-136, Spring.
    • Handle: RePEc:agr:journl:v:1(638):y:2024:i:1(638):p:125-136
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    References listed on IDEAS

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