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April to June 2025 Article ID: NSS9200 Impact Factor:8.05 Cite Score:311 Download: 23 DOI: https://doi.org/ View PDf
An Analytical Study of Selected Indices of Bombay Stock Exchange (During COVID -19)
Dr. Sanjay Johari
Professor (Commerce) Govt. Mata Jijabai Girls P.G. College, Indore (M.P.)Deepika Badiya
Research Scholar, Devi Ahilya Vishwavidyalaya, Indore (M.P.)
Abstract: Covid-19 is a global pandemic, started from
China and spread all over of the world. The World Health Organization (WHO)
declares Covid-19 epidemic as global pandemic on 11 of March 2020.Covid-19
outbreak affect the all spare of life all over the world. The pandemic effect
economic as well as social life of the human beings. The stock market is
popularly called as barometer of an economy and the economy like India also
affected by the Covid-19.The sole purpose of this paper is to study the impact
of Covid-19 on Indian stock market specifically Bombay Stock Exchange
(BSE).Bombay Stock Exchange (BSE) is one of the best and systematic stock
exchanges of the world. It is the most modern stock exchange of India. So, BSE
is selected for the purpose of the study. The Covid-19 lockdown lead to
sentiment in the stock markets across the word is gloomy. It has been reflected
in the frequent crashes in the share markets in all parts of the world.
Financial markets in India are witnessed sharp volatility in stock market indices
due to fall in line with the global benchmark indices as the domestic market
usually tracks the major global indices and the high volatility in likely to
continue. In India BSE (Bombay Stock Exchange) is considered as oldest stock
exchange and Sensex is its Major index. In this study attempt is made to
identify the impact of covid-19 lockdown on Sensex and its selected
sub-indices. Time period of this study is selected as before lockdown two
months and after lockdown two month has been selected. For identification of
impact paired t-test has been used as statistical tool. The major finding of
the study indicated as significant negative impact of covid-19 lockdown is
recorded on Sensex and its sub-indices. The Study is based on secondary data
purely. The study used simple statistical tools like percentage and average to
check the performance of selected indices during and before the outbreak of the
Covid-19 pandemic.
Keywords: Covid-19, Bombay
Stock Exchange (BSE),Sensex.














