IMPACT OF COVID-19 ON INDIAN STOCK MARKET

The pandemic had a significant impact on financial markets and we can see that particular markets or products had varying levels of stability as a result of their exposure to different markets. The stock market performance during the covid-19 pandemic is discussed in this paper. Because there were few studies on the stock market performance during the pandemic, our main purpose has to figure out how different industries represented by stock market indices reacted to the covid-19 shock. The impact of the covid-19 pandemic on the Indian equities markets investigated in this paper. We use NIFTY index that encompass many characteristics of the pandemic to understand performance of Indian stock market represented by NIFTY. Increased in confirmed cases and deaths from the corona virus are linked to a large increase in market illiquidity and negative performance of stocks, according to our findings. Declining sentiment as well as the imposition of limits and lockdowns, leads to a decline in market performance.