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The Stock Price and Gold Price Volatility During Pandemic-Evidence from Indian Stock Market


Madhusudhanan R, Dr. D. Senthilkumar
Pages: 93-106
ISBN: 978-93-5834-933-7


Business Management: A New Paradigm (Volume -1)

Business Management: A New Paradigm
(Volume - 1)

Abstract

Ever since in the Indian history, is not facing such a pandemic situation, which engulfs the growth of our economy. Unconceivable stagnation of commercial activities drags the GDP and predominantly unemployment is the biggest panic among the citizens. The indifference among various sectorial people who struggled to satisfy their transaction motives is evident in economy. The circumstance which makes me to understand the real meaning of liquidity. Starving lives, despondency of future, melancholia, it is difficult in verbalizing the situation prevailing because of pandemic. Each and every citizen, representatives, government so on and so forth are also roughcast the same. From this we come to know everything is stumbled and stagnate. I introspect myself to understand that how the market is vigilant and what is the driving mechanism behind the gold price hikes? There is a theoretical backup is establishing the relationship between the stock market and gold market never goes together. It is eagers the researcher to examine the same theory in the current situation. Therefore the study observes the trends in the stock market (BSE-100) and gold market returns and identify the relationships prove the hypothesis of inverse relationship between them. A simple descriptive statistics is incorporated to analyses the data. By using MS-Excel (2016), the market risk beta (ß) and co-efficient correlation (R2) is also identified before and during the pandemic. The historical data are collected through the secondary source from BSE website.

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© Integrated Publications.
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