IMPACT OF RUSSIA-UKRAINE WAR ON THE RETURNS OF SENSEX AND NIFTY 50 – A COMPARATIVE ANALYSIS

IMPACT OF RUSSIA-UKRAINE WAR ON THE RETURNS OF SENSEX AND NIFTY 50 - A COMPARATIVE ANALYSIS

Dr. B. NAGARJUNA

Associate Professor, Dept of Management Studies, Sree Vidyanikethan Institute of Management TIRUPATI

ABSTRACT

The economy suffers significantly as a result of war. The potential for inflation and deregulation exacerbates the consequences of wars on money and debt. The goal of the planned study is to look at the impact of Russia's invasion of Ukraine on Indian stock index returns before and during the invasion. Using daily stock market data, many analysts said that wars have a detrimental influence on interactions at the world's key financial markets. In this paper, the researcher intends to find the impact on the major stock indices of Indian stock markets. The major Indices namely, NSE National Stock Exchange) Nifty-50 index and BSE (Bombay Stock Exchange) Sensex index are chosen to study. Daily returns of the indices are computed and compared between before the war and during the war to verify the impact of Russia’s invasion of Ukraine.

Keywords

Invasion, Nifty-50 index, Sensex, Daily Returns (DR),