The aim of the study was to analyze the price movement of selected securities in the
NSE. The objectives were to identify a pattern for stock movement, determine the factors
that affect share prices and to determine a predictive model for stock movement in NSE.
The model was developed using a PC-give (version 6) software package. Using the
model,the prices from the month of May 1996 to April 997 were computed and compared
with the actual on . T -test were carried out to determine whether the two price were
significantly different from each other. Forecast Chi-square and chow test were
computed to test for parameter consistency . All data was obtained from the data bank from
the Secretariat of NSE in form of raw published stock price list . Data covering the period
l st January 1992 to 30th April 1997 was collected.