1Research Scholar, Dayalbagh Educational Institute, Agra, Uttar Pradesh, India
*Corresponding author email id: jyalok@gmail.com
Online published on 19 February, 2026.
The Covid-19 pandemic had unprecedented effects on global financial markets, and the Indian economy was no exception. This study investigated the impact of Covid-19 on the National Stock Exchange (NSE), with special reference to selected indices during the first and second waves of the pandemic. By analyzing Nifty-50, Nifty-Bank, Nifty-FMCG, Nifty-IT, and Nifty-Pharma, this paper highlights sectoral differences in stock performance. The study found that while the first wave caused widespread negative shocks except for the pharmaceutical sector the second wave demonstrated a relatively positive trend, signaling market resilience.
Covid-19, National stock exchange, Selected sectors, Special reference