The Indian economy has been affected by the stock market on both a small and a large scale. Indian stock markets have become the backbone of the Indian economy. They do everything from bring together and distribute the savings of individual investors to put India at the front of the world's major financial players. The economy is affected by any change in the markets and vice versa. Indian stock markets are still growing, which means there is a lot of room to find new opportunities. So, it was decided to study the Indian Stock Markets.
The goal of this research is to look into William Sharpe's beta theory, which says The stock price will be more volatile if the beta is high, so the investment will be riskier. The less beta a stock has, the less volatile its price will be, so it's safer to buy that stock. One of the most important ideas in finance theory is that there is a relationship between risk and return. This idea is often used to make investment decisions.