Online Education And Price Volatility Of Selected Nse & Bse Stocks Of Education Sector

ABSTRACT

During the period of pandemic, education officials have been forced to cancel classes and close the doors to campuses across the world in response to the growing coronavirus outbreak. In addition, all over country’s’ academic institutions have switched classes to online learning, cancelled spring break trips and students studying abroad in China, Italy and South Korea have been encouraged to return home to complete their studies. Besides, the most effective tool in keeping student retention and maintaining access to learning has been online courses. Universities across the country have adjusted their programs in response to the spread of the coronavirus While the majority of colleges and universities around the world integrate some form of online education into their coursework, moving all programs online may prove challenging. Therefore, this paper evaluates and quantifies the impact of the coronavirus disease of 2020 to 2021(COVID-19) on stock market performance of selected four educational sector by using daily stock market data spanning from Jan 2021 to July 2021. Hence, this research employed a basic statistical analysis to estimate the relative effects of the COVID-19 pandemic on stock market performance in those educational sector stocks. The analysis of the study found that there is a strong relationship among the stock price of educational sector and its financial performance indicators.