Region Wise Stock Market Performance in India and Covid-19: A Comparative Evaluation Amid Pre and During Covid Era

Authors

  • Vikas Gupta Meerut Institute of Engineering & Technology, Meerut, Uttar Pradesh, India
  • Sripal Srivastava Galgotias’ University, Gautam Budh Nagar, Uttar Pradesh, India

DOI:

https://doi.org/10.53361/dmejm.v3i01.06

Keywords:

Average Return, COVID-19, Market Behaviour, Nifty Indices, Standard Deviation

Abstract

This paper attempts to investigate the sectoral wise stock market behavior pre and
during the COVID period. To this end, the daily closing prices of eight sectoral indices of Nifty are taken. The pre-COVID period was taken as the FY 2019-20 and during COVID
period was taken as the FY 2020-21. In this paper, we investigate and compare the
market behavior of these sectors before and during the COVID period. All indices had
experienced sudden volatility in March 2020 when the lockdown was announced, all
the sectors recovered from the losses during the financial year 2020-21 and exhibited
a positive return. The volatility was also found to be lower in FY 2020-21.

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Published

2023-01-13

How to Cite

Gupta, V. ., & Srivastava, S. . (2023). Region Wise Stock Market Performance in India and Covid-19: A Comparative Evaluation Amid Pre and During Covid Era. DME Journal of Management, 3(01), 36–39. https://doi.org/10.53361/dmejm.v3i01.06

Issue

Vol. 3 No. 01 (2022): DME Journal of Management

Section

Articles