The stock market, often called the "Barometer of Indian Economy," reflects the nation's economic performance. Various economic factors significantly impact its volatility. Researchers have identified FIIs as a crucial variable of microeconomics that affects the Indian stock market. The trading practices of these traders can lead to excessive volatility, significantly impacting macroeconomic management. Macroeconomic factors like exchange rates, GDP, IIP, WPI, government expenditure (G), and oil prices are believed to affect stock market activity. Singh (2014) examined the impact of WPI, money supply, exchange rate, FII, IIP, interest rate, trade deficit, and gold price on the Bombay Stock Exchange (BSE) within the context of the interaction between macroeconomic parameters and the BSE.