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Performance Evaluation of Selected Banking Stocks Listed on Bombay Stock Exchange During Pre & Post Covid-19 Crisis

Author

Listed:
  • Dr. Vishal Kumar

    (Director, School of Management & Dean Research, Maharaja Agrasen University, India)

  • Ritu Rani

    (Research Scholar, School of Management, Maharaja Agrasen University, India)

Abstract

Investing in the stock market has always been regarded as risky. Market sentiment is a factor that influences stock prices. The purpose of this study is to assess the performance of selected banking stocks based on risk and excess return generated by them during the study period. The study also determines the effect of certain financial variables on sample banking stocks during the time crisis of Covid’19. Economic variables such as the BSE Sensex, rate of exchange, variation in FII (Foreign Institutional Investors), and coupon rate of Government Sector (G-Sec) were analysed in conjunction with the analysis of banking stocks. The regression and correlation tests are used to determine the significance of variables using SPSS. Following the BSE’s performance provides insight into the future modifications throughout the price levels of bank shares. Following a sharp decline in the market, private sector bank stock prices are correct, but not public sector bank stock prices. Throughout the first part of the research, there is a direct relationship between the BSE, Sensex, and the selected stocks, but only a weak correlation with FII, G-Sec coupon rate, and the exchange rate. Along the second part of the research, the relationship between stock prices and economic variables varies widely between banks.

Suggested Citation

  • Dr. Vishal Kumar & Ritu Rani, 2021. "Performance Evaluation of Selected Banking Stocks Listed on Bombay Stock Exchange During Pre & Post Covid-19 Crisis," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 7(3), pages 53-61, August.
    • Handle: RePEc:mgs:ijoied:v:7:y:2021:i:3:p:53-61
    DOI: 10.18775/ijied.1849-7551-7020.2015.73.2005
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    References listed on IDEAS

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    Cited by:

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    More about this item

    Keywords

    Fluctuating Returns; FII; G-Sec Rate; Exchange Rate; Financial Sector; Bombay Stock Exchange; Covid’19.;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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