Month Power Index Close % Change Sensex Close

January-2016 1838.420 24870.690

February-2016 1582.480 -13.922 23002.000 -7.514
March-2016 1775.730 12.212 25341.860 10.172
April-2016 1846.340 3.976 25606.620 1.045
May-2016 1871.710 1.374 26667.960 4.145
June-2016 1996.050 6.643 26999.720 1.244
July-2016 2076.580 4.034 28051.860 3.897
August-2016 2098.410 1.051 28452.170 1.427
September-2016 1989.590 -5.186 27865.960 -2.060
October-2016 2006.110 0.830 27930.210 0.231
November-2016 2028.730 1.128 26652.810 -4.574
December-2016 1987.580 -2.028 26626.460 -0.099
January-2017 2167.720 9.063 27655.960 3.866
February-2017 2195.780 1.294 28743.320 3.932
March-2017 2274.420 3.581 29620.500 3.052
April-2017 2329.750 2.433 29918.400 1.006
May-2017 2220.590 -4.685 31145.800 4.102
June-2017 2225.540 0.223 30921.610 -0.720
July-2017 2323.610 4.407 32514.940 5.153
August-2017 2261.460 -2.675 31730.490 -2.413
September-2017 2206.230 -2.442 31283.720 -1.408
October-2017 2349.200 6.480 33213.130 6.167
November-2017 2320.680 -1.214 33149.350 -0.192
December-2017 2381.690 2.629 34056.830 2.738

% 𝑐ℎ𝑎𝑛𝑔�=((𝐶𝑢𝑟𝑟�𝑛𝑡 𝑚𝑜𝑛𝑡ℎ 𝑐𝑙𝑜𝑠𝑖𝑛𝑔 𝑝𝑟𝑖𝑐�-𝑝𝑟�𝑣𝑖𝑜𝑢𝑠 𝑚𝑜𝑛𝑡ℎ 𝑐𝑙𝑜𝑠𝑖𝑛𝑔 𝑝𝑟𝑖𝑐�))/

(𝑃𝑟�𝑣𝑖𝑜𝑢𝑠 𝑚𝑜𝑛𝑡ℎ 𝑐𝑙𝑜𝑠𝑖𝑛𝑔 𝑝𝑟𝑖𝑐�) 𝑋 100

𝐵�𝑡𝑎=(𝐶𝑂𝑉𝐴𝑅𝐼𝐴𝑁𝐶𝐸(𝑃𝑜𝑤�𝑟 𝐼𝑛𝑑�𝑥 % 𝑐ℎ𝑎𝑛𝑔�, 𝑆�𝑛𝑠�𝑥 % 𝑐ℎ𝑎𝑛𝑔�))/(𝑉𝑎𝑟(𝑆�𝑛𝑠�𝑥

% 𝑐ℎ𝑎𝑛𝑔�))

Beta = 1.048