PREDICTION OF CLOSING PRICE OF NIFTY IN THE INDIAN FINANCIAL MARKET

Abstract

Stock and securities prices frequently change in stock markets. Closing prices of the financial stock market change daily at the end of each session. The recent economic situation has witnessed immense highs and lows including some unfortunate happenings related to stock market. There are no perfect system which shows the exact fluctuation of prices. This study attempts to approximately predict closing price of NIFTY by applying a data mining approach and investigate and identify the most influential factors of Indian Financial Stock Market prices. The main objective of this study is to help investors plan their future investment opportunities well. The results obtained have shown that the model can predict the closing price using the classification algorithm.