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
Answer
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.