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Abstract Oil is considered an essential factor of any economy. This paper examines the time-varying correlation between oil price return, BSE SENSEX, and 14 sectoral indexes in India using multiscale wavelet decomposition and wavelet coherence analysis. The maximal wavelet discrete wavelet transform analysis shows a feedback relationship between 13 sectors at higher time horizons (dC4, dC5, and dC6). Based on the wavelet coherence plot, the oil price and sectoral index return show a high co-movement at 32 to 128 weeks. The wavelet coherence plot shows that the oil price and sectoral index return show a high co-movement during the period of Mar-May 2020 (especially during the period of financial crisis widely spread due to the COVID19 pandemic and nationwide lockdown notification announced by the Government of India). We discuss the implications of these studies in detail. Downloads Download data is not yet available. Author Biography Radhika Prosad Datta, Indian Institute of Foreign Trade, India Department of Information Technology Downloads FULL TEXT Published 2022-09-27 How to Cite Mandal, K., & Datta, R. P. (2022). Analysing Time-frequency Relationship between Oil price and Sectoral Indices in India using Wavelet Techniques. International Journal of Energy Economics and Policy, 12(5), 192–201. https://doi.org/10.32479/ijeep.13391 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 12 No. 5 (2022) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Make a Submission Make a Submission Dergi Kapağı

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