An Empirical Analysis on Investor's Perception under the Prevailing Pandemic based on Select NSE Indices

Abstract

The Covid-19 pandemic has made the whole world standstill and urged individuals to think and look every perspective in a different way. The corona virus pandemic affected the economy from losing jobs to falling in market capitalization along with losing human life and several other factors associated with it. The pandemic situation have forced the world stock market to crush and the speed with which the market nosedived, it shocked the entire world. In a situation like this where every aspect of the society is getting affected due to the pandemic, the researcher should look upon on the societal aspect for the benefit of the society as well especially in this pandemic situation. Due to the pandemic, there is a liquidity crisis in the market and also instability in the financial market and such financial market disruptions will have a negative impact on the investors’ perception while investing in the market. Therefore, under this study, the researchers have conducted an empirical analysis of the changes in several NSE indexes’ values in pre pandemic lockdown period and thelockdown period by applying One-Tailed Paired t-test for means. The observations are quite clear that the investors’ perception has turned negative in this pandemic situation. Several recommendations have also been provided by the researchers to bring the market back in track to normalcy and to escort the confidence of investors. The appropriate causes behind such perceptional changes among the investors along with future research scope have also been identified by the researcher in this study.