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Analysis Study Research Paper | Finance | India | Volume 11 Issue 8, August 2022

Impact of COVID-19 Waves on Indian Derivative Market: Special Reference to Financial Derivative Segment

Karkaria Dusmanta | Nigamananda Mohanty

Abstract: The study tries to investigate the immediate effect of COVID-19 waves on the Indian financial derivative market. The unprecedented waves of the COVID-19 virus have annihilated the financial system of numerous countries in the world. The continuous effect of the COVID-19 affects various sectors in different magnitude and intensity, which produced an unparalleled level of risk. As a result, the market became more sensitive and highly volatile. This study focuses on how the financial derivative segment of the Indian financial market has been affected by the pandemic, in addition to that, a comparative study is also undertaken in the context of the pre and post COVID [1] 19 - period performance analysis of the market. The study is based on secondary source data, which is theoretical in nature and depends on subjective exploration. The results of the study show that the growth of Indian derivative markets? turnover and the number of contracts trading has grown exponentially during the pandemic period. The utility of the financial derivative instruments to hedge the financial assets has increased during the adverse economic condition created by the pandemic. The overall impact of the pandemic on the financial derivatives market was positive.

Keywords: COVID-19, financial derivative, volatility, pandemic, risk

Edition: Volume 11 Issue 8, August 2022,

Pages: 74 - 79