Article’s

Stock market volatility is an important indicator of financial market performance and investor confidence. The banking sector plays a crucial role in the economic development of a country, and fluctuations in banking stock prices often reflect changes in economic conditions. This study analyzes stock market volatility in the Indian banking sector with special reference to State Bank of India and Axis Bank. The research uses secondary data collected from stock exchanges, financial reports, and official company records over a ten-year period. Statistical tools such as mean, standard deviation, and correlation analysis are used to measure volatility and understand the relationship between the stock prices of the two banks. The results indicate that both banks experience fluctuations in their stock prices due to economic factors, banking reforms, and investor behavior. Axis Bank shows relatively higher volatility compared to SBI during certain periods. The study provides insights for investors, financial analysts, and policymakers regarding stock market risk and banking sector performance.