Market Intelligence Redefined: Big Data Analytics and Machine Learning in Indian Stock Market Analysis
Author: Muzzamil Rehman*, Dr. Babli Dhiman, Gagandeep Singh Cheema, Komal Diwakar
Ph.D Scholar at Mittal School of Business, Lovely Professional University, Punjab, India (144411).
Published Date: 2024-01-10
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Keywords: Stock market, Machine learning, Neural Networks and Regression
Abstract:
This study explores the transformative potential of integrating Big Data analytics and machine learning techniques in redefining market intelligence within the context of the Indian stock market. Leveraging the vast volume and variety of financial data available, the research aims to provide a comprehensive analysis of market dynamics, with a particular focus on accurate predictions and enhanced decision-making capabilities for investors. The application of machine learning algorithms seeks to uncover intricate patterns, trends, and anomalies within the financial data landscape, thereby offering unprecedented insights into market behavior. The study envisions a future where advanced analytics not only revolutionize stock market analysis but also contribute to regulatory compliance and monitoring processes. However, this transformative journey is not without its challenges. Concerns related to data privacy, potential biases in machine learning models, and the dynamic nature of financial markets need careful consideration. Furthermore, the reliance on historical data for predictions may present limitations, particularly in volatile market conditions. By addressing these challenges and striking a delicate balance between embracing technological advancements and mitigating associated risks, the study anticipates the potential for a paradigm shift in Indian stock market analysis, where market intelligence is redefined through the synergy of Big Data analytics and machine learning methodologies.
