International Journal of All Research Education & Scientific Methods

An ISO Certified Peer-Reviewed Journal

ISSN: 2455-6211

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The Effect of Major Global Crises on the Indi...

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The Effect of Major Global Crises on the Indi...

The Effect of Major Global Crises on the Indian Stock Market During 2007-2023

Author Name : Dr. Ranjan Jaykant Sabhaya, Dr. Jayshree Nirav Siddhpuria

ABSTRACT This paper discuss that crisis is a word which has rocked the entire world. US market which is a feeder of the world market crashed and it had effect on all the major markets. This paper has considered major crisis during the period 2007 – 2023. These four crisis includes The Global Financial Crisis of 2007-2008, The oil price crash of 2014-2016, The Russia-Ukraine war in 2022, and The COVID-19 pandemic. The major stock markets include CNX Nifty, S&P BSE Sensex, CNX Nifty Junior and S&P BSE 100. Researcher has tried to measure the impact of crisis on Indian stock market by using Paired T Test and GRACH Model.