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Covid-19 Related Ramifications on Financial Market: A Qualitative Study of the Pandemic’s Effects on the Stock Exchange of Big Technology Companies

  • Pragya Gupta,
  • Drishti Jain,
  • B. Ida Seraphim,
  • Rashima Mahajan

摘要

Due to the sudden outbreak of novel Coronavirus (Covid-19), the world economy came to an abrupt standstill. The financial market almost collapsed during quarantine, workers were left jobless and many companies ran bankrupt. One of the methods for investigating the impact of Covid-19 on financial market is by analysing the stock market. The daily fluctuations of stock prices help the investors to get an insight about the overall stock market. Hence, in order to study the impact of Covid-19 on financial market, a comprehensive comparison of the stock market pre-Covid-19, during Covid-19 and post-Covid-19 for tech giants like Google, Apple, General Electric, IBM and Microsoft has been implemented. The dataset has been imported using the Yahoo Finance API (Application Programming Interface).