Impact of Geopolitical Risks on the Sustainability Index of the Indian Share Market
摘要
Geopolitical events can greatly impact the share market. This research attempts to look into the effects of geopolitical tensions, specifically focusing on the Russia–Ukraine War, the Israel–Hamas conflict, and the Red Sea crisis to evaluate the resilience of the NSE Nifty 100 ESG Index. The research has been undertaken using, a paired sample t-test to examine whether geopolitical tensions had any discernible impact on the ESG Index. In all the cases analyzed, geopolitical tensions significantly influenced the NSE Nifty 100 ESG Index, highlighting the index’s market efficiency.