Macroeconomic Determinants of Stock Market Performance: An Empirical Study of Inflation, Interest Rates, and Exchange Rates on Nifty 50.

This study examines the impact of key macroeconomic variables—namely inflation, interest rates, and exchange rates—on the performance of the NIFTY 50 index in India. The research aims to analyze how changes in these economic indicators influence stock market returns and investor behavior. Using secondary data collected from reliable sources such as the National Stock Exchange (NSE) and the Reserve Bank of India (RBI), the study applies statistical tools including correlation and regression analysis to evaluate relationships between variables. The findings highlight the extent to which macroeconomic conditions affect market performance, providing valuable insights for investors, policymakers, and financial analysts in understanding stock market dynamics. Keywords: NIFTY 50, Inflation, Interest Rates, Exchange Rates, Stock Market Returns, Macroeconomic Factors, Indian Equity Market.