Resilience in the Phase of Massive Global Financial Catastrophe (A Study with Special Reference to S&P BSE SENSEX - An Industry-Wise Analysis)

Abstract

This Paper scrutinizes the meltdown recovery and fall of Indian securities with special reference to BSE SENSEX. The data consists of Monthly closing prices of BSE 30 Companies. The study period is divided into three sub-periods based on Pre-crisis (2004-2007), During Crisis (2008-2010) and finally Post Crisis (2011-2015). The study period is for 12 years from 1 April 2004 to 31 March 2015. The tools are used to attempt the objectives like Measure of dispersion namely Standard deviation and Coefficient of Variance to measure a risk of the individual stocks and Return. The study found that Indian stock market is affected by the financial crisis that reflected on individual industries.

Keywords: Stock Market, BSE SENSEX, BSE 30 Companies, Meltdown

JEL Classification: G01, G10, G11