Impact of COVID-19 on Indian Financial Markets: A Comparative Study of Stock Market Reactions

Abstract

The COVID-19 pandemic has had a profound and far-reaching impact on global financial markets, including India's. As the pandemic unfolded, the Indian stock market, represented primarily by the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), experienced unprecedented volatility. This study explores the comparative impact of COVID-19 on the Indian financial markets by analyzing pre- and post-pandemic stock market reactions, focusing on the Nifty 50 index.