Volatility in Indian Stock Markets During COVID-19

The aim of the paper is to evaluate impact novel COVID-19 on returns and volatility Indian stock markets with special reference equity investment strategies Bombay Stock Exchange. For purpose evaluating impact, study has applied GARCH) research considered a time frame from March, 2015 January, 2021. Prior implementing GARCH model, pre-estimation tests i.e., Augmented Dickey-Fuller ARCH-Lagrange Multiplier, were conducted. Outcomes clearly indicate that during crisis for all strategy indices have been negative which means outbreak resulted in massive losses. Additionally, 'during crisis' period showed increase depicting pandemic long-lasting effect will take fade off. This help investors decision process by giving them insights about different strategies.