Sentiment Analysis Models for Bank Nifty Index: An Overview of Predicting Stock Market Sentiment in India

The Bank Nifty Index is the primary subject of this research paper's in-depth analysis and proposing a sentiment analysis model exclusively for the Indian stock market. The goal is to create effective sentiment analysis model that can correctly forecast the mood of the Bank Nifty Index and help traders and investors make wise decisions. The study overviewed the gathering and preprocessing of pertinent financial data from a variety of sources, including news reports, social media posts, and other sources. With a focus on the special traits and dynamics of the Indian stock market, various sentiment analysis models and methodologies are investigated predicting stock market sentiment in India. These models performances will be assessed and contrasted to reveal their strengths and weaknesses. The research paper presents the research gaps, various sentiment analysis models, and financial metrics, methodologies for Bank Nifty Index to have practical ramifications for investors and financial institutions involved in the Indian stock market as well as for the field of sentiment analysis in stock market prediction.