InvestorQ : Did the Nifty IT Index also see a rise in volatility and a fall in price during the entire COVID-19 action in the stock markets?
Mitali Bhutta made post

Did the Nifty IT Index also see a rise in volatility and a fall in price during the entire COVID-19 action in the stock markets?

Answer
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5 months ago


The table below captures the gist of the IT index.

Date

Open

High

Low

Close

High / Low range (%)

01-Jan-20

15,706

15,746

15,677

15,722

0.44%

02-Jan-20

15,755

15,762

15,680

15,710

0.53%

03-Jan-20

15,728

16,004

15,723

15,937

1.79%

06-Jan-20

15,935

16,068

15,832

15,880

1.49%

07-Jan-20

15,893

15,989

15,800

15,895

1.20%

08-Jan-20

15,841

15,975

15,817

15,953

1.00%

09-Jan-20

15,971

16,017

15,857

15,925

1.01%

10-Jan-20

16,041

16,059

15,931

15,960

0.81%

13-Jan-20

16,136

16,275

16,076

16,226

1.24%

14-Jan-20

16,238

16,386

16,227

16,362

0.98%

15-Jan-20

16,354

16,367

16,217

16,347

0.92%

16-Jan-20

16,372

16,424

16,277

16,382

0.90%

17-Jan-20

16,397

16,447

16,311

16,357

0.84%

20-Jan-20

16,390

16,465

16,163

16,207

1.87%

21-Jan-20

16,191

16,222

16,134

16,175

0.54%

22-Jan-20

16,246

16,405

16,212

16,335

1.19%

23-Jan-20

16,381

16,501

16,368

16,474

0.82%

24-Jan-20

16,411

16,499

16,357

16,473

0.87%

27-Jan-20

16,456

16,484

16,386

16,394

0.60%

28-Jan-20

16,443

16,448

16,321

16,430

0.78%

29-Jan-20

16,513

16,578

16,452

16,479

0.77%

30-Jan-20

16,509

16,514

16,288

16,328

1.39%

31-Jan-20

16,333

16,366

16,098

16,144

1.66%

01-Feb-20

16,139

16,320

15,969

16,283

2.20%

03-Feb-20

16,282

16,419

16,034

16,060

2.40%

04-Feb-20

16,175

16,377

16,156

16,351

1.37%

05-Feb-20

16,354

16,464

16,283

16,449

1.11%

06-Feb-20

16,481

16,621

16,331

16,371

1.78%

07-Feb-20

16,453

16,493

16,382

16,470

0.68%

10-Feb-20

16,482

16,522

16,306

16,432

1.33%

11-Feb-20

16,482

16,512

16,409

16,452

0.63%

12-Feb-20

16,462

16,599

16,419

16,538

1.09%

13-Feb-20

16,579

16,697

16,514

16,673

1.11%

14-Feb-20

16,682

16,828

16,624

16,643

1.23%

17-Feb-20

16,708

16,738

16,596

16,648

0.85%

18-Feb-20

16,587

16,773

16,526

16,749

1.49%

19-Feb-20

16,796

16,882

16,754

16,772

0.77%

20-Feb-20

16,826

16,844

16,624

16,649

1.32%

24-Feb-20

16,643

16,749

16,417

16,462

2.02%

25-Feb-20

16,490

16,642

16,443

16,563

1.21%

26-Feb-20

16,497

16,539

16,297

16,332

1.48%

27-Feb-20

16,245

16,259

16,054

16,124

1.28%

28-Feb-20

15,726

15,788

15,157

15,213

4.17%

02-Mar-20

15,355

15,722

15,298

15,428

2.77%

03-Mar-20

15,615

15,793

15,496

15,723

1.92%

04-Mar-20

15,825

15,920

15,613

15,864

1.97%

05-Mar-20

15,912

16,151

15,841

15,871

1.95%

06-Mar-20

15,607

15,700

15,443

15,663

1.66%

09-Mar-20

15,334

15,371

14,705

14,855

4.53%

11-Mar-20

14,524

14,824

14,356

14,681

3.26%

12-Mar-20

14,177

14,232

13,318

13,385

6.87%

13-Mar-20

12,562

13,835

11,625

13,539

19.02%

16-Mar-20

12,964

13,079

12,355

12,451

5.86%

17-Mar-20

12,518

12,677

12,000

12,099

5.65%

18-Mar-20

12,288

12,451

11,644

11,753

6.93%

19-Mar-20

11,184

11,698

10,991

11,340

6.43%

20-Mar-20

11,382

12,711

11,364

12,363

11.85%

23-Mar-20

11,328

11,602

11,109

11,180

4.45%

24-Mar-20

11,160

12,054

11,159

11,865

8.02%

25-Mar-20

11,857

12,514

11,657

12,233

7.35%

26-Mar-20

12,497

12,752

12,306

12,536

3.62%

27-Mar-20

12,778

12,950

12,404

12,569

4.40%

30-Mar-20

12,153

12,775

12,153

12,319

5.12%

31-Mar-20

12,682

12,931

12,467

12,764

3.72%

01-Apr-20

12,681

12,691

11,990

12,046

5.85%

03-Apr-20

12,130

12,147

11,621

11,680

4.52%

07-Apr-20

12,147

12,647

12,132

12,589

4.25%

08-Apr-20

12,469

12,898

12,438

12,492

3.70%

09-Apr-20

12,811

12,867

12,649

12,729

1.73%

Even the Nifty IT index has seen a sharp spike in volatility even as the IT sector has been hit by the pandemic putting the global IT spending at risk.