IMPACT OF COVID-19 ON THE PERFORMANCE OF BSE SECTORAL INDICES IN INDIA

Abstract

Sectoral indices give quick summaries and comparisons for individual industries or sectors. It allows investors to compare a stock's performance to those of various industries. The performance of sectoral indices of the Bombay Stock Exchange (BSE) was examined in this study. As of April 2022, India has 19 indices: S&P BSE Basic Materials, Consumer discretionary goods & services, Energy, fast moving consumer goods, Finance, Healthcare, Industrials, Information Technology, Telecom, Utilities, Auto, Bankex, Capital goods, Consumer Durables, Metal, Oil & Gas, Power, Realty, and Tec. Every index is crucial. Investors, stakeholders, and policymakers put their money in the stock market, particularly in sectoral indexes, to increase their profits. This study examines market performance across the BSE Sectoral Indices during pre and post COVID period. This study concentrated on to identify the impact of covid pandemic on each sector, to measure the relationship between the selected Indices against BSE Sensex. The perspective of investor’s decision has changed since COVID pandemic and thus it is relevant to analyse the sectoral indices pre and post pandemic. Thus, this study focuses on sectoral performance in order to identify which has maximize return with minimal risk.