Abstract :
Investors now need a risk-taking approach, and as of May 2020, there is a lot of uncertainty surrounding COVID-19 for investors to predict economic impact, leading to panic and volatility in complete stock market. This study was conducted for a time span of six months (Dec2019-June2020) that tried to evaluate direct and indirect gigantic effect of Corona virus and the crude oil price movements on the financial markets and illustrates how a market is responding to the rapid emergence of a previously abandoned risk. In the past (late February and mid-March), significant price volatility in the stock exchange market is evident and in the aftermath of this inflation outbreak, other patterns in the study have shown strong dependence on stock price volatility in active COVID-19 cases and changes in crude oil prices worldwide.
Keyword :
Financial market, Crude oil, Coronavirus, Pandemic, Aggregate stock price movement.