Title: Impact of Covid-19 on broader indices of Indian stock market

Authors: Girija Nandini; Ratidev Samal; Alaka Samantaray; Rashmi Ranjan Panigrahi

Addresses: School of Management, Centurion University of Technology and Management, Odisha – 752050, India ' School of Management Studies, JAIN (Deemed to be University), Bengaluru, Karnataka – 560027, India ' Institute of Business and Computer Studies, Siksha 'O'Anusandhan (Deemed to be University), Bhubaneswar, Odisha – 751003, India ' Institute of Business and Computer Studies, Siksha 'O'Anusandhan (Deemed to be University), Bhubaneswar, Odisha – 751003, India

Abstract: The purpose of this study is to identify the trend in price movement of the two indices of India and find any abnormalities present in the movement during the period of study. The data have been obtained from the NSE site over a period of one year and analysis is conducted on excel with the help of selected technical indicators like exponential moving average (EMA), moving average convergence divergence (MACD), and BB. A combination of technical indicators has been used. Covid-19 has a deep impact on the market but the recovery is also faster and behind any abnormal moment in the market. The research captures different impetus of financial markets which enhances better decision making for swing traders and investors. To the author's knowledge, the paper is unique in terms of enhancing quantitative and qualitative decision making aspects and the simplest language being used for the interest of society at large.

Keywords: stock market; price; indicators; technical analysis; trading; investment.

DOI: 10.1504/IJMEF.2023.130875

International Journal of Monetary Economics and Finance, 2023 Vol.16 No.2, pp.157 - 176

Received: 17 May 2021
Accepted: 08 Feb 2022
Published online: 13 May 2023 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article