Abstract

Sensex has experienced significant volatility over the past decade, with several large swings in both directions driven by a variety of economic, political, and global factors. The European debt crisis (2011-2012), General Elections (2014), Demonetization (2016), COVID-19 pandemic (2020) witnessed wide range of volatility in the stock market.
 In this article, an attempt has been made to showcase the volatility of IT sector comprising four Top IT companies for 12 months (February 2022 to February 2023). Volatility in the Sensex can be measured by the standard deviation of the daily returns of the index. Monthly changes in prices and monthly fluctuations in returns, average return, standard deviation and beta is calculated to show how IT companies’ stocks are volatile in relation to IT sector as a whole.
 In this research paper discussion has been made on how investment decision can be taken based on risk return statistics.
 IT sector is a major contributor to India's GDP in recent years, with the country becoming a leading destination for IT services and outsourcing. It is expected to continue to grow due to the increasing demand for digital services and solutions in India and globally.

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