STUDY ON ‘CREDIT POLICY AND ITS IMPACT ON INTEREST RATE SENSITIVE STOCK Made by : SHARDENDU PRAKASH & ROHIT SHANDILYA DEFINING A RESEARCH PROBLEM .A Research problem is to estimate the impact of credit policy on interest rate sensitive stocks (Ashok Leyland, Bajaj, Canara, HDFC, HERO, ICICI, INDUSIND, and MARUTI). .Credit policy is very important for Asset heavy business or companies that required huge CAPEX to run their business and banking companies having main business is lending. .Any change in the policy rate by RBI in credit policy has huge bearing on their business as their funding cost may increase or decrease. So through this Research we want to gauge the impact of credit policy on these companies. FORMULATION OF HYPOTHESIS Ho=Null hypothesis=Interest rate sensitive stocks have impact on NIFTY on the day of credit policy. H1=Alternative hypothesis=Interest rate sensitive stocks have no impact on NIFTY. RESEARCH DESIGN We estimate the impact of credit policy by r