Date Open High Low Close/Last Volume

01/31/2007 2463.93 2471.2 2433.76 2463.93 0 2463.93

02/28/2007 2416.15 2431.86 2395.35 2416.15 0 2416.15
03/30/2007 2421.64 2432.2 2403.01 2421.64 0 2421.64
04/30/2007 2525.09 2558.75 2525.09 2525.09 0 2525.09
05/31/2007 2604.52 2607.9 2594.29 2604.52 0 2604.52
06/29/2007 2603.23 2626.56 2590.09 2603.23 0 2603.23
07/31/2007 2545.57 2607.45 2545.9 2545.57 0 2545.57
08/31/2007 2596.36 2603.11 2579.79 2596.36 0 2596.36
09/28/2007 2701.5 2716.75 2692.02 2701.5 0 2701.5
10/31/2007 2859.12 2861.51 2815.67 2859.12 0 2859.12
11/30/2007 2660.96 2696.24 2642.25 2660.96 0 2660.96
12/31/2007 2652.28 2668.61 2646.09 2652.28 0 2652.28
01/31/2008 2318.22 2403.46 2313.52 2389.86 0 2389.86
02/29/2008 2308.21 2311.23 2264.97 2271.48 0 2271.48
03/31/2008 2265.09 2289.7 2260.59 2279.1 0 2279.1
04/30/2008 2433.33 2451.19 2406.37 2412.8 0 2412.8
05/30/2008 2517.86 2530.16 2510.65 2522.66 0 2522.66
06/30/2008 2311.99 2325.49 2292.98 2292.98 0 2292.98
07/31/2008 2311.11 2353.39 2309.64 2325.55 0 2325.55
08/29/2008 2391.15 2393.49 2360.91 2367.52 0 2367.52
09/30/2008 2034.39 2094.31 2015.93 2091.88 0 2091.88
10/31/2008 1686.65 1742.54 1673.32 1720.95 0 1720.95
11/28/2008 1519.04 1535.57 1512.41 1535.57 0 1535.57
12/31/2008 1551.13 1586.76 1548.93 1577.03 0 1577.03

28439.66

3500

3000

2500

2000
Column H
1500

1000

500

0
1 2 3 4 5 6 7 8 9 101112131415161718192021222324
Change Growth

-47.78 -1.939178
5.49 0.227221
103.45 4.271898
79.43 3.14563
-1.29 -0.049529
-57.66 -2.214941
50.79 1.995231
105.14 4.049515
157.62 5.834536
-198.16 -6.930804
-8.68 -0.326198
-262.42 -9.894129
-118.38 -4.953428
7.62 0.335464
133.7 5.866351
109.86 4.553216
-229.68 -9.104675
32.57 1.420422
41.97 1.804734
-275.64 -11.64256
-370.93 -17.7319
-185.38 -10.77196
41.46 2.699975
 Date Open High Low Close Avg Vol
Jan-07 12,459.54 12,685.54 12,313.01 12,621.69 2,983,144,500
Feb-07 12,617.20 12,845.76 12,078.85 12,268.63 2,935,275,700
Mar-07 12,265.59 12,550.07 11,926.79 12,354.35 3,205,736,800
Apr-07 12,354.52 13,226.99 12,284.54 13,062.91 3,006,294,500
May-07 13,062.75 13,718.82 12,993.02 13,627.64 3,104,253,600
Jun-07 13,628.69 13,756.69 13,205.08 13,408.62 3,261,343,300
Jul-07 13,409.60 14,121.04 13,143.87 13,211.99 3,564,854,700
Aug-07 13,211.09 13,769.63 12,455.92 13,357.74 4,091,885,600
Sep-07 13,358.39 13,994.64 12,992.02 13,895.63 3,196,581,500
Oct-07 13,895.71 14,279.96 13,337.90 13,930.01 3,477,202,100
Nov-07 13,924.16 13,924.16 12,707.26 13,371.72 4,317,578,500
Dec-07 13,368.22 13,850.92 13,059.32 13,264.82 3,299,866,500
Jan-08 13,261.82 13,338.23 11,508.74 12,650.36 4,925,982,300
Feb-08 12,638.17 12,841.88 12,006.79 12,266.39 4,148,143,000
Mar-08 12,264.36 12,687.61 11,650.44 12,262.89 4,868,908,000
Apr-08 12,266.64 13,052.91 12,208.42 12,820.13 4,113,069,000
May-08 12,818.34 13,191.49 12,397.56 12,638.32 4,039,814,700
Jun-08 12,637.67 12,652.81 11,226.34 11,350.01 4,840,303,300
Jul-08 11,344.64 11,820.21 10,731.96 11,378.02 5,923,937,200
Aug-08 11,379.89 11,933.55 11,144.59 11,543.55 4,264,482,300
Sep-08 11,545.63 11,831.29 10,266.76 10,850.66 7,009,506,600
Oct-08 10,847.40 11,022.06 7,773.71 9,325.01 7,290,610,800
Nov-08 9,326.04 9,711.46 7,392.27 8,829.04 6,231,635,200
Dec-08 8,826.89 9,151.61 8,072.47 8,776.39 5,320,791,300

* Close price adjusted for dividends and splits.

16,000.00

14,000.00

12,000.00

10,000.00

8,000.00
Column G

6,000.00

4,000.00

2,000.00

0.00
6,000.00

4,000.00

2,000.00

0.00
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
 Growth
Adj Close* Grwoth %
12,621.69
12,268.63 -353.06 -2.797248
12,354.35 85.72 0.698693
13,062.91 708.56 5.735308
13,627.64 564.73 4.323156
13,408.62 -219.02 -1.607175
13,211.99 -196.63 -1.466445
13,357.74 145.75 1.103165
13,895.63 537.89 4.026804
13,930.01 34.38 0.247416
13,371.72 -558.29 -4.007822
13,264.82 -106.90 -0.799448
12,650.36 -614.46 -4.632253
12,266.39 -383.97 -3.03525
12,262.89 -3.50 -0.028533
12,820.13 557.24 4.544116
12,638.32 -181.81 -1.41816
11,350.01 -1,288.31 -10.19368
11,378.02 28.01 0.246784
11,543.55 165.53 1.454823
10,850.66 -692.89 -6.0024
9,325.01 -1,525.65 -14.06044
8,829.04 -495.97 -5.318707
8,776.39 -52.65 -0.596328

Column G
Month Open High Low Close Price/Earnings Price/Book value
January
2007  1,655.28  1,723.27  1,603.20  1,691.45  20.32  4.53 
February
2007  1,695.50  1,760.70  1,525.45  1,545.27  19.00  4.57 
March
2007  1,551.10  1,588.25  1,461.85  1,556.72  17.00  4.18 
April
2007  1,530.10  1,712.66  1,483.45  1,666.14  18.03  4.41 
May
2007  1,680.30  1,773.90  1,638.80  1,766.08  18.59  4.45 
June
2007  1,773.34  1,805.67  1,693.32  1,804.81  19.68  4.50 

July 2007  1,809.90  1,941.75  1,806.68  1,894.18  20.95  4.75 

August
2007  1,879.13  1,897.77  1,678.29  1,857.70  19.02  4.46 
Septembe
r 2007  1,865.69  2,124.18  1,860.53  2,118.86  20.81  4.71 
October
2007  2,124.02  2,460.72  2,079.13  2,439.87  24.57  5.58 
Novembe
r 2007  2,470.89  2,513.05  2,273.15  2,454.23  25.36  5.93 
Decembe
r 2007  2,479.21  2,666.59  2,450.23  2,656.52  27.07  6.36 
January
2008  2,664.67  2,776.96  1,904.07  2,230.39  25.74  6.15 
February
2008  2,248.44  2,371.08  2,063.20  2,217.47  21.69  5.38 
March
2008  2,178.64  2,178.64  1,819.94  1,932.41  19.38  4.81 
April
2008  1,946.04  2,183.34  1,892.09  2,157.52  19.87  4.90 
May
2008  2,187.32  2,213.68  2,014.01  2,038.22  20.05  4.91 
June
2008  2,055.31  2,059.91  1,638.67  1,644.18  17.98  4.23 

July 2008  1,647.70  1,836.17  1,532.03  1,749.11  17.15  3.35 

August
2008  1,720.25  1,899.61  1,714.91  1,782.08  18.52  3.53 
Septembe
r 2008  1,767.25  1,844.38  1,474.96  1,555.70  17.36  3.31 
October
2008  1,570.74  1,592.41  921.75  1,145.68  12.87  2.46 
Novembe
r 2008  1,187.12  1,282.79  991.75  1,062.35  12.38  2.17 
Decembe
r 2008  1,068.68  1,209.43  997.91  1,156.59  12.65  2.22 

3000

2500

2000

1500
Column J

1000

500

0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Dividend Yield

1.18  1691.45 - -

1.17  1545.27 -146.18 -8.642289

1.28  1556.72 11.45 0.740971

1.20  1666.14 109.42 7.028881

1.12  1766.08 99.94 5.998295

1.05  1804.81 38.73 2.192992

0.98  1894.18 89.37 4.951768

1.05  1857.7 -36.48 -1.925899

1.01  2118.86 261.16 14.05824

0.89  2439.87 321.01 15.15013

0.84  2454.23 14.36 0.588556

0.78  2656.52 202.29 8.242504

0.82  2230.39 -426.13 -16.04091

0.93  2217.47 -12.92 -0.579271

1.04  1932.41 -285.06 -12.85519

1.00  2157.52 225.11 11.64918

0.97  2038.22 -119.3 -5.529497

1.07  1644.18 -394.04 -19.33255

1.22  1749.11 104.93 6.381905

1.15  1782.08 32.97 1.884959

1.23  1555.7 -226.38 -12.70313

1.67  1145.68 -410.02 -26.35598

 1.86  1062.35 -83.33 -7.27341

1.82  1156.59 94.24 8.870899

Column J

19 20 21 22 23 24
 Price/Ear
Month Open High Low Close nings
14,325.9 13,303.2 14,090.9
Jan-07 13,827.77  2  2  2  22.73 
14,723.8 12,800.9 12,938.0
Feb-07 14,124.36  8  1  9  21.56 
13,386.9 12,316.1 13,072.1
Mar-07 13,013.74  5  0  0  19.84 
14,383.7 12,425.5 13,872.3
Apr-07 12,811.93  2  2  7  20.75 
14,576.3 13,554.3 14,544.4
May-07 13,987.77  7  4  6  20.84 
14,683.3 13,946.9 14,650.5
Jun-07 14,610.28  6  9  1  20.67 
15,868.8 14,638.8 15,550.9
Jul-07 14,685.16  5  8  9  21.78 
15,542.4 13,779.8 15,318.6
Aug-07 15,344.02  0  8  0  19.99 
17,361.4 15,323.0 17,291.1
Sep-07 15,401.99  7  5  0  21.69 
20,238.1 17,144.5 19,837.9
Oct-07 17,356.99  6  8  9  24.86 
20,204.2 18,182.8 19,363.1
Nov-07 20,130.23  1  3  9  25.44 
20,498.1 18,886.4 20,286.9
Dec-07 19,547.09  1  0  9  26.94 
21,206.7 15,332.4 17,648.7
Jan-08 20,325.27  7  2  1  25.53 
18,895.3 16,457.7 17,578.7
Feb-08 17,820.67  4  4  2  22.23 
17,227.5 14,677.2 15,644.4
Mar-08 17,227.56  6  4  4  20.18 
17,480.7 15,297.9 17,287.3
Apr-08 15,771.72  4  6  1  20.71 
17,735.7 16,196.0 16,415.5
May-08 17,560.15  0  2  7  20.66 
16,632.7 13,405.5 13,461.6
Jun-08 16,591.46  2  4  0  18.22 
15,130.0 12,514.0 14,355.7
Jul-08 13,480.02  9  2  5  17.06 
15,579.7 14,002.4 14,564.5
Aug-08 14,064.26  8  3  3  18.25 
15,107.0 12,153.5 12,860.4
Sep-08 14,412.99  1  5  3  17.36 
13,203.8
Oct-08 13,006.72  6  0 9,788.06  13.19 
 10,945.4
Nov-08 10,209.37  1  8,316.39  9,092.72  11.88 
10,188.5
Dec-08 9,162.94  4  8,467.43  9,647.31  12.16 

25000

20000

15000

Column J

10000

5000

0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
 Dividend
Price/Bookvalue Yield

5.30  1.19  14090.92 Growth

5.38  1.18  12938.09 -1152.83 -8.181368

4.95  1.28  13072.1 134.01 1.035779

5.13  1.21  13872.37 800.27 6.12197

4.95  1.15  14544.46 672.09 4.84481

4.78  1.15  14650.51 106.05 0.729144

4.98  1.07  15550.99 900.48 6.146407

4.80  1.14  15318.6 -232.39 -1.494374

5.16  1.11  17291.1 1972.5 12.8765

5.89  0.97  19837.99 2546.89 14.72949

6.13  0.90  19363.19 -474.8 -2.393388

6.54  0.85  20286.99 923.8 4.770908

6.35  0.88  17648.71 -2638.28 -13.00479

5.71  0.97  17578.72 -69.99 -0.396573

5.19  1.07  15644.44 -1934.28 -11.00353

5.22  1.03  17287.31 1642.87 10.5013

4.82  1.01  16415.57 -871.74 -5.042658

4.09  1.14  13461.6 -2953.97 -17.99493

3.59  1.36  14355.75 894.15 6.642227

3.81  1.26  14564.5 208.75 1.454121

3.62  1.33  12860.43 -1704.07 -11.70016

2.76  1.76  9788.06 -3072.37 -23.8901

 2.48  1.92  9092.72 -695.34 -7.103961

2.54  1.87  9647.31 554.59 6.099275

Column J

20 21 22 23 24
Date Sensex BSE 200

Jan-07 - -
Feb-07 -8.18137 -8.6422892
Mar-07 1.035779 0.74097083
Apr-07 6.12197 7.02888124
May-07 4.84481 5.99829546
Jun-07 0.729144 2.19299239
Jul-07 6.146407 4.95176778
Aug-07 -1.49437 -1.9258993
Sep-07 12.8765 14.0582441
Oct-07 14.72949 15.1501279
Nov-07 -2.39339 0.58855595
Dec-07 4.770908 8.24250376
Jan-08 -13.0048 -16.040911
Feb-08 -0.39657 -0.5792709
Mar-08 -11.0035 -12.855191
Apr-08 10.5013 11.6491842
May-08 -5.04266 -5.5294968
Jun-08 -17.9949 -19.332555
Jul-08 6.642227 6.38190466
Aug-08 1.454121 1.88495864
Sep-08 -11.7002 -12.703133
Oct-08 -23.8901 -26.355981
Nov-08 -7.10396 -7.2734097
Dec-08 6.099275 8.87089942

0.99340574
Method for Calculation of Co-efficent of Corelation
let Sensex= x and BSE 200 = y
x y x2 y2 xy
-8.18137 -8.6422892 66.93478 74.68916193 70.70574677
1.035779 0.74097083 1.072838 0.549037776 0.767481919
6.12197 7.02888124 37.47851 49.40517145 43.0305979
4.84481 5.99829546 23.47219 35.97954844 29.06060317
0.729144 2.19299239 0.53165 4.809215622 1.599006377
6.146407 4.95176778 37.77832 24.52000411 30.43558106
-1.49437 -1.9258993 2.233155 3.709088244 2.878014494
12.8765 14.0582441 165.8043 197.6342262 181.0210229
14.72949 15.1501279 216.9577 229.5263754 223.1535833
-2.39339 0.58855595 5.728304 0.346398104 -1.40864253
4.770908 8.24250376 22.76156 67.93886821 39.32422794
-13.0048 -16.040911 169.1245 257.310815 208.6086393
-0.39657 -0.5792709 0.15727 0.335554764 0.229723133
-11.0035 -12.855191 121.0777 165.2559312 141.4524977
10.5013 11.6491842 110.2774 135.703492 122.3316093
-5.04266 -5.5294968 25.4284 30.57533519 27.88336396
-17.9949 -19.332555 323.8174 373.747678 347.8879328
6.642227 6.38190466 44.11918 40.72870706 42.39005801
1.454121 1.88495864 2.114468 3.55306906 2.740958259
-11.7002 -12.703133 136.8938 161.3695986 148.6287106
-23.8901 -26.355981 570.737 694.6377466 629.6471117
-7.10396 -7.2734097 50.46627 52.90248835 51.67002129
6.099275 8.87089942 37.20116 78.69285654 54.10605528
∑ -26.2539 -23.498851 2172.168 2683.920368 2398.143905

∑xy 2398.144
∑x∑y/N 26.82333
∑x2 2172.168
2
(∑x) /N 29.96815
∑y2 2683.92
2
(∑y) /N 24.00852

N 2371.321 2371.320577 Therefore COOR=

D √ 5698063 2387.061493

BSE and SENSEX

20

15
f(x) = 1.10695584983212 x + 0.241872205968802
R² = 0.986854954374438
10
 BSE and SENSEX
20

15
f(x) = 1.10695584983212 x + 0.241872205968802
R² = 0.986854954374438
10

0
Column C
SENSEX

-30 -25 -20 -15 -10 -5 0 5 10 15 20

-5 Linear (Column C)

-10

-15

-20

-25

-30
BSE 200
Therefore COOR= 0.993406
20 Column C
Linear (Column C)
 BSE-200 Nasdaq

Month Growth Growth

Jan-07
Feb-07 -8.64229 -1.939178
Mar-07 0.740971 0.227221
Apr-07 7.028881 4.271898
May-07 5.998295 3.14563
Jun-07 2.192992 -0.049529
Jul-07 4.951768 -2.214941
Aug-07 -1.9259 1.995231
Sep-07 14.05824 4.049515
Oct-07 15.15013 5.834536
Nov-07 0.588556 -6.930804
Dec-07 8.242504 -0.326198
Jan-08 -16.0409 -9.894129
Feb-08 -0.57927 -4.953428
Mar-08 -12.8552 0.335464
Apr-08 11.64918 5.866351
May-08 -5.5295 4.553216
Jun-08 -19.3326 -9.104675
Jul-08 6.381905 1.420422
Aug-08 1.884959 1.804734
Sep-08 -12.7031 -11.64256
Oct-08 -26.356 -17.7319
Nov-08 -7.27341 -10.77196
Dec-08 8.870899 2.699975
COOR 0.806559

Method for Calculation of Co-efficent of Corelation

let BSE 200= x and Nasdaq Composite 100= y
x y x2 y2 xy
-8.6423 -1.939178 74.68916 3.760413 16.75894
0.740971 0.227221 0.549038 0.051629 0.168364
7.028881 4.271898 49.40517 18.24912 30.02667
5.998295 3.14563 35.97955 9.894991 18.86842
2.192992 -0.049529 4.809216 0.002453 -0.108617
4.951768 -2.214941 24.52 4.905962 -10.96787
 -1.9259 1.995231 3.709088 3.980946 -3.842614
14.05824 4.049515 197.6342 16.39858 56.92908
15.15013 5.834536 229.5264 34.04181 88.39397
0.588556 -6.930804 0.346398 48.03604 -4.079166
8.242504 -0.326198 67.93887 0.106405 -2.688689
-16.0409 -9.894129 257.3108 97.89379 158.7108
-0.57927 -4.953428 0.335555 24.53645 2.869377
-12.8552 0.335464 165.2559 0.112536 -4.312455
11.64918 5.866351 135.7035 34.41407 68.3382
-5.5295 4.553216 30.57534 20.73178 -25.17699
-19.3326 -9.104675 373.7477 82.89511 176.0166
6.381905 1.420422 40.72871 2.0176 9.065
1.884959 1.804734 3.553069 3.257066 3.40185
-12.7031 -11.64256 161.3696 135.5493 147.897
-26.356 -17.7319 694.6377 314.4202 467.3415
-7.27341 -10.77196 52.90249 116.0351 78.34886
8.870899 2.699975 78.69286 7.289863 23.9512
∑ -23.4989 -39.3551 2683.92 978.5811 1295.91

∑xy 1295.91
∑x∑y/N 40.20868
∑x2 2683.92
2
(∑x) /N 24.00852
∑y2 978.5811
2
(∑y) /N 67.34018

N 1255.701 1255.701 Therefore COOR= 0.806559

D √ 2423821 1556.862

Co-relation between BSE 200 and Nasdaq Composite 100

10

f(x) = 0.472083642077556 x − 1.22876875705763

5
R² = 0.650536900796723

0
NASDAQ Composite 100

-30 -25 -20 -15 -10 -5 0 5 10 15 20

Column C
-5 Linear (Column C)

-10

-15
 -5 Linear (Column C)

NASDAQ Co
-10

-15

-20

BSE-200
mposite 100

Column C
Linear (Column C)
Linear (Column C)
Date Sensex Nasdaq
Jan-07 - -
Feb-07 -8.181368 -1.93918
Mar-07 1.035779 0.22722
Apr-07 6.12197 4.2719
May-07 4.84481 3.14563
Jun-07 0.729144 -0.04953
Jul-07 6.146407 -2.21494
Aug-07 -1.494374 1.99523
Sep-07 12.8765 4.04952 SENSEX and Nasdaq C
Oct-07 14.72949 5.83454
20
Nov-07 -2.393388 -6.9308
Dec-07 4.770908 -0.3262 15
Jan-08 -13.00479 -9.89413 10
Feb-08 -0.396573 -4.95343 f(x) = 1.25473615868213 x + 1.00549433236

SENSEX
Mar-08 -11.00353 0.33546 R² = 0.669696560976886 5
Apr-08 10.5013 5.86635 0
May-08 -5.042658 4.55322 -20 -15 -10 -5 0 5
-5
Jun-08 -17.99493 -9.10468
Jul-08 6.642227 1.42042 -10
Aug-08 1.454121 1.80473 -15
Sep-08 -11.70016 -11.6426
-20
Oct-08 -23.8901 -17.7319
Nov-08 -7.103961 -10.772 -25
Dec-08 6.099275 2.69997 -30
COCR 0.81835
NASDAQ

Method for Calculation of Co-efficent of Corelation

let Sensex= x and NASDAQ Composite (IXIC) = y
x y x2 y2 xy
-8.181368 -1.93918 66.93478 3.760413 15.86513
1.035779 0.22722 1.072838 0.051629 0.235351
6.12197 4.2719 37.47851 18.24912 26.15243
4.84481 3.14563 23.47219 9.894991 15.23998
0.729144 -0.04953 0.53165 0.002453 -0.036114
6.146407 -2.21494 37.77832 4.905962 -13.61393
 -1.494374 1.99523 2.233155 3.980946 -2.981622
12.8765 4.04952 165.8043 16.39858 52.1436
14.72949 5.83454 216.9577 34.04181 85.93972
-2.393388 -6.9308 5.728304 48.03604 16.5881
4.770908 -0.3262 22.76156 0.106405 -1.556261
-13.00479 -9.89413 169.1245 97.89379 128.671
-0.396573 -4.95343 0.15727 24.53645 1.964395
-11.00353 0.33546 121.0777 0.112536 -3.69129
10.5013 5.86635 110.2774 34.41407 61.60432
-5.042658 4.55322 25.4284 20.73178 -22.96031
-17.99493 -9.10468 323.8174 82.89511 163.838
6.642227 1.42042 44.11918 2.0176 9.434767
1.454121 1.80473 2.114468 3.257066 2.624302
-11.70016 -11.6426 136.8938 135.5493 136.2199
-23.8901 -17.7319 570.737 314.4202 423.6168
-7.103961 -10.772 50.46627 116.0351 76.52357
6.099275 2.69997 37.20116 7.289863 16.46789
∑ -26.2539 -39.3551 2172.168 978.5811 1188.29

∑xy 1188.29
∑x∑y/N 44.92283
∑x2 2172.168
2
(∑x) /N 29.96815
∑y2 978.5811
2
(∑y) /N 67.34018

N 1143.367 1143.367 Therefore COOR= 0.81835

D √ 1952060 1397.161
EX and Nasdaq Composite
20

15

10
15868213 x + 1.00549433236686
60976886 5

0
-5 0 5 10 Column B
-5 Linear (Column B)
-10

-15

-20

-25

-30
NASDAQ
Date Sensex DJIA
Jan-07 - -
Feb-07 -8.181368 -2.797248
Mar-07 1.035779 0.698693
Apr-07 6.12197 5.735308
May-07 4.84481 4.323156
Jun-07 0.729144 -1.607175
Jul-07 6.146407 -1.466445
Aug-07 -1.494374 1.103165
Sep-07 12.8765 4.026804
Oct-07 14.72949 0.247416
Nov-07 -2.393388 -4.007822
Dec-07 4.770908 -0.799448
Jan-08 -13.00479 -4.632253
Feb-08 -0.396573 -3.03525
Mar-08 -11.00353 -0.028533
Apr-08 10.5013 4.544116
May-08 -5.042658 -1.41816
Jun-08 -17.99493 -10.19368
Jul-08 6.642227 0.246784
Aug-08 1.454121 1.454823
Sep-08 -11.70016 -6.0024
Oct-08 -23.8901 -14.06044
Nov-08 -7.103961 -5.318707
Dec-08 6.099275 -0.596328
COCR 0.83064

Method for Calculation of Co-efficent of Corelation

let Sensex= x and NASDAQ Composite (IXIC) = y
x y x2 y2 xy
-8.181368 -2.797248 66.93478 7.824598 22.88532
1.035779 0.698693 1.072838 0.488171 0.723691
6.12197 5.735308 37.47851 32.89376 35.11138
4.84481 4.323156 23.47219 18.68968 20.94487
0.729144 -1.607175 0.53165 2.583011 -1.171861
6.146407 -1.466445 37.77832 2.15046 -9.013366
 -1.494374 1.103165 2.233155 1.216972 -1.648541
12.8765 4.026804 165.8043 16.21515 51.85115
14.72949 0.247416 216.9577 0.061215 3.644309
-2.393388 -4.007822 5.728304 16.06264 9.592272
4.770908 -0.799448 22.76156 0.639118 -3.814095
-13.00479 -4.632253 169.1245 21.45777 60.24147
-0.396573 -3.03525 0.15727 9.21274 1.203698
-11.00353 -0.028533 121.0777 0.000814 0.313967
10.5013 4.544116 110.2774 20.64899 47.71914
-5.042658 -1.41816 25.4284 2.011179 7.151298
-17.99493 -10.19368 323.8174 103.9111 183.4346
6.642227 0.246784 44.11918 0.060902 1.639195
1.454121 1.454823 2.114468 2.116509 2.115488
-11.70016 -6.0024 136.8938 36.0288 70.22904
-23.8901 -14.06044 570.737 197.6958 335.9052
-7.103961 -5.318707 50.46627 28.28865 37.78389
6.099275 -0.596328 37.20116 0.355607 -3.637166
∑ -26.2539 -33.58362 2172.168 520.6137 873.2049

∑xy 873.2049
∑x∑y/N 38.33483
∑x2 2172.168
2
(∑x) /N 29.96815
∑y2 520.6137
2
(∑y) /N 49.03737

N 834.8701 834.8701 Therefore COOR= 0.83064

D √ 1010211 1005.092

DJIA and SENSEX

10

5
f(x) = 0.389725611078189 x − 1.01529575565677
R² = 0.689963121732453

0
-30 -25 -20 -15 -10 -5 0 5 10 15 20
Column C
DJIA

-5 Linear (Column C)

-10

-15
 -5 Linear (Column C)

DJI
-10

-15

-20
SENSEX
Date BSE200 DJIA
Jan-07 - -
Feb-07 -8.642289 -2.797248
Mar-07 0.740971 0.698693
Apr-07 7.028881 5.735308
May-07 5.998295 4.323156
Jun-07 2.192992 -1.607175
Jul-07 4.951768 -1.466445
Aug-07 -1.925899 1.103165 DJIA and BS
Sep-07 14.05824 4.026804
10
Oct-07 15.15013 0.247416
Nov-07 0.588556 -4.007822
Dec-07 8.242504 -0.799448 5
Jan-08 -16.04091 -4.632253 f(x) = 0.343597728846165 x − 1.109107348434
Feb-08 -0.579271 -3.03525 R² = 0.665910446183927
Mar-08 -12.85519 -0.028533 0
-30 -25 -20 -15 -10 -5 0 5
Apr-08 11.64918 4.544116
May-08 -5.529497 -1.41816

DIJA
-5
Jun-08 -19.33255 -10.19368
Jul-08 6.381905 0.246784
Aug-08 1.884959 1.454823 -10
Sep-08 -12.70313 -6.0024
Oct-08 -26.35598 -14.06044
-15
Nov-08 -7.27341 -5.318707
Dec-08 8.870899 -0.596328
COCR 0.816033 -20
BSE200

Method for Calculation of Co-efficent of Corelation

let BSE= x and DOW JONES INDUSTRIAL AVERAGE = y
x y x2 y2 xy
-8.642289 -2.797248 74.68916 7.824598 24.17463
0.740971 0.698693 0.549038 0.488171 0.517711
7.028881 5.735308 49.40517 32.89376 40.3128
5.998295 4.323156 35.97955 18.68968 25.93157
2.192992 -1.607175 4.809216 2.583011 -3.524522
4.951768 -1.466445 24.52 2.15046 -7.261494
-1.925899 1.103165 3.709088 1.216972 -2.124584
 14.05824 4.026804 197.6342 16.21515 56.60979
15.15013 0.247416 229.5264 0.061215 3.748383
0.588556 -4.007822 0.346398 16.06264 -2.358827
8.242504 -0.799448 67.93887 0.639118 -6.589456
-16.04091 -4.632253 257.3108 21.45777 74.30555
-0.579271 -3.03525 0.335555 9.21274 1.758232
-12.85519 -0.028533 165.2559 0.000814 0.3668
11.64918 4.544116 135.7035 20.64899 52.93525
-5.529497 -1.41816 30.57534 2.011179 7.841713
-19.33255 -10.19368 373.7477 103.9111 197.0699
6.381905 0.246784 40.72871 0.060902 1.574951
1.884959 1.454823 3.553069 2.116509 2.74228
-12.70313 -6.0024 161.3696 36.0288 76.24928
-26.35598 -14.06044 694.6377 197.6958 370.5766
-7.27341 -5.318707 52.90249 28.28865 38.68514
8.870899 -0.596328 78.69286 0.355607 -5.289962
∑ -23.49885 -33.58362 2683.92 520.6137 948.2517

∑xy 948.2517
∑x∑y/N 34.31202
∑x2 2683.92
(∑x)2/N 24.00852
2
∑y 520.6137
2
(∑y) /N 49.03737

N 913.9397 913.9397 Therefore COOR= 0.816033

D √ 1254351 1119.978
 DJIA and BSE200
10

5
728846165 x − 1.10910734843483
46183927
0
15 -10 -5 0 5 10 15 20
Column C
-5 Linear (Column C)

-10

-15

-20
BSE200