PERFORMANCE OF INFORMATION TECHNOLOGY SECTOR INDEX IN INDIA: PRE & POST COVID-19 LOCKDOWN

The researchers analyzed the impact of COVID-19 on the performance of the Information Technology Index in India. The study examines the performance of IT Index before and after the COVID-19.So, for the study 30th December 2019 is been taken as event or pandemic day because the first COVID-19 case was recorded on 30th December 2019 by World Health Organisation (WHO). For the analyses purpose 400 days daily closing value of NIFTY IT Index spanning from 1st March 2019 to 15thOctober 2020 was utilized. The data collected timeframe was bifurcated as before and after COVID-19 from the point of event date. The result indicated that there was no significant difference between performance of IT Index before and after COVID-19.

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Keywords: Information Technology Index, Event Study, Student t-Test, Sectoral Index.


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