The Study of Global Stock Markets during Pandemic Period

Abstract

Public Health Emergency of International Concern was declared on 30/01/2020 and Global Pandemic was declared on 11/03/2020. (WHO, 2020) Total COVID cases and deaths till July 1, 2022 have reached 55.2 Crores and 63.5 Lakhs respectively. (worldometers, 2022) This Pandemic has affected the world at social, psychological and economical level. (D. Khari et al, 2021) It was declared that the economic impact can be comparable to the Great Depression of 1930. (IMF, 2020) Our paper is studying the impact of the Pandemic on the global stock markets. Data of 7 indices (NIFTY 50, SENSEX, FTSE 100, S&P 500, NIKKEI 225, SHANGHAI COMPOSITE INDEX & BOVESPA) of different countries are used to analyse the results. It was found that the stock markets were impacted negatively in the beginning but constant efforts of Governments and other stakeholders led to constant improvement in the stock markets globally