IMPACT OF COVID 19 ON NIFTY 50 VOLATILITY

COVID 19 has severely affected global financial markets and it has long lasting impact on Nifty 50. The increasing daily new and total COVID 19 cases lead to anxiety among investors and there was panic selling because of lockdown and after government incentives and plan to revive the market, Nifty 50 touched it’s all time high. We can clearly imagine the amount of volatility COVID 19 created in the market. VIX touched all time high of 66.04 from 13.68 points. This research paper aims to study the magnitude of impact of COVID 19 on Nifty 50 volatility using GARCH model.