Impact of Covid-19 on Nifty Volatility Index an Analytical Study

Abstract

COVID-19 was discovered in Wuhan, China, in December 2019. The World Health Organization (WHO) declared this pandemic a worldwide emergency on March 11, 2020. The pandemic impact of COVID-19 has had a tremendous impact on global financial markets. The Indian stock market was extremely volatile during the start of the pandemic. According to the research, the virus's re-emergence in Beijing has a short-term negative influence on the tourism industry. The impact of the Corona (Covid-19) virus on stock market movement is a cause for concern. According to the majority of studies, the impact is unfavourable in the short term but not significant in the long run. Volatility rises when financial markets are influenced. The research paper looked at the volatility of the National Stock Exchange (NSE) by using data from the nifty volatility index for two-year pre-pandemic and two-year pandemic scenarios, and revealed that the epidemic had no significant impact on stock market volatility.