Using Time Series Analysis to predict NIFTY50 movements

The NIFTY 50 index is National Stock Exchange of India's benchmark broad based stock market index for the Indian equity market. Full form of NIFTY is National Stock Exchange Fifty. It represents the weighted average of 50 Indian company stocks in 12 sectors and is one of the two main stock indices used in India, the other being the BSE Sensex. In this blog, we will see how we can use the various Time Series algorithms to predict how the NIFTY50 index will move over the next 30 days. To download the data, we can go to the Yahoo Finance site and download the historical data for the NIFTY50 index.