Comparing the Performance and Volatility of Returns in NIFTY 50 and Shcomp index

The growth in Indian and Chinese economies has been attributed to major reforms in the modus operandi of the capital market of the two economies. The stock market performance of the two leading economies of Asia has been a topic of discussion globally especially after 2008. In the present research, the researcher compared the performance and stock market volatility of Indian and Chinese Stock Indices namely Nifty 50 and SHCOMP (Shanghai Composite) Index respectively during 2016 to 2018 i.e. two years. Advanced econometric tools were used in the study, like ADF Test to study stationarity, Statistical tools to compare performance and Garch (1,1) model to study the volatility pattern of the stock indices of the two economies. The results were calculated on E-Views 8 software. The results showed that Nifty 50 is more volatile as compared to SHCOMP Index.