Template-Type: ReDIF-Article 1.0 
Author-Name: Pratap Kumar Jena
Author-Name: Pramod Kumar Mishra
Author-Email:  jenapratapkumar@gmail.com
Author-Workplace-Name:  Department of Economics, Maharaja Sriram Chandra Bhanjadeo University, Odisha, India.
Title: Lockdown vs. Opening-Up of the Economy During the COVID-19 Pandemic and the Indian Stock Market
Abstract:  This paper examined the impact of the lockdown and opening-up of India during the COVID-19 pandemic on eleven Indian stock market indices. Using an event study methodology, we found that the lockdown has adversely affected financial services and consumer durables. We show the pharmaceutical sectors exploited the pandemic-induced panic and created artificial demand for medicine. Therefore, policy makers need to be vigilant regarding prices of pharmaceutical products during the pandemic.
Classification-JEL:  G11,G15 ,G18
Keywords:  COVID-19,Risk,Financial market, Stock returns,Lockdown,Opening-up
Journal:  Asian Economics Letters
Pages: 1-4
Volume: 3
Issue: 4
Year:  2022
DOI:  2022/11/08
File-URL:  https://a-e-l.scholasticahq.com/api/v1/articles/37524-lockdown-vs-opening-up-of-the-economy-during-the-covid-19-pandemic-and-the-indian-stock-market.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnael:76