Examining Asymmetric Volatility Dynamism of Returns in the Infrastructure Sector in India during Covid 19: - A application of GARCH Models

Due to global shut down of economic activities and transportation, the infrastructure sector has see a halt in operations due disruptions supply chain, impacting international investors as they became cautious their investment position. The study is aimed at modelling volatility returns India using S&P BSE Infrastructure Index during Covid-19 by applying univariate stipulations GARCH family models such (1,1), EGARCH MGARCH (1,1). found presence asymmetric effects indicating that arrival Covid 19 news created more turmoil market. Also, significant relationship been observed between magnitude variance returns, meaning thereby investors, while making portfolio decisions, should emphasize high risk implies holds true for India. suggests estimating value risk, consider depict higher persistence level past impact on current case BRICS economies.