Is The Indian Information Technology Sector COVID-19 Infected?
摘要
The recent most disaster that struck the world and had worldwide major impact is no doubt the COVID-19 pandemic attack, commonly referred to as the Corona attack. This has resulted in a meltdown in various socio-economic sectors. We have studied in this work, the impact of the pandemic on the IT sector, in particular on various IT stocks. We have chosen BSE Sensex, NIFTY IT index and the top 4 IT company shares and analysed their performance over the period January 2020 to March 2023. We have used various Time Series methodologies to analyze the impact on these shares at an individual level. Then we have used linear and quantile regression methods to measure their performance against COVID-19 affected cases in India. We have found a very significant effect almost at all levels of these shares.