Perspectives on Business Management & Economics Volume V • September 2021 • ISBN: 978-81-951151-3-6 33 Web: www.pbme.in COMPARING TRENDS IN LARGE CAP, MID CAP AND SMALL CAP INDICES DURING AND AFTER COVID-19 RECESSION SHEFALI Research Scholar, Commerce Department, Chandigarh University, Haryana, INDIA ORCID: 0000-0001-5623-2263 ABSTRACT Keywords Market Capitalization, Large-cap, Mid-cap, Small-cap, Indices JEL Classification G12 Cite this Article Shefali., (2021, September). Comparing trends in Large Cap, Mid Cap and Small Cap Indices during and after COVID-19 Recession. In Perspectives on Business Management & Economics (Vol. V, pp. 33-42). Retrieved from http://www.pbme.in/papers/508.pdf Article History Received: June 30, 2021; Accepted: August 21, 2021; Published: September 30, 2021 The broad objective of this study is to examine the pattern of fall in price and its recovery according to capitalization size in the Indian stock market during and after coronavirus recession and compare these patterns with each other so that we can evaluate the behavior of all cap indices and COVID-19 recession impact on them. For this purpose, Daily Historical data of large-cap, mid-cap and small-cap indices from 1 January 2020 to 31 June 2021 is used for data analysis Statistical tools such as Average (Mean) returns, Standard deviation, Variance and Coefficient of variation in returns are used to study the pattern of movement in returns of large-cap, mid-cap and small-cap indices. And Covariance and F- test is used to study relationship between Indices. In end, Bar charts are used to summarize and compare resultant patterns in returns. The result of the analysis carried out shows that the large-cap offers fewer returns than mid-cap and small-cap indices on average, and Large Cap returns variated most during the Corona recession, so this index was riskiest index during the Corona recession. This study can be useful to Investors and Academicians as they can use it while making investment decisions and for further academic study on the related topic.