Reflection of Kerala Floods on the Stock Prices of Listed Banks from Kerala

Kerala went through the worst natural disaster in about a century during August 2018. Apart from the loss of property, lives and assets the State could see a remarkable loss of trade and business. But the nation could witness an unmatched fight back from the State in standing up again with pride backed by enormous support from within and outside the State. Commercial banks in India have a strong representation from Kerala via 3 major listed banks. This paper attempts to evaluate what reflections have been seen in the stock prices of these Kerala Banks. The change in the stock price is also compared against the sectoral index (NIFTY bank).