STOCK MARKET DURING COVID-19
We are in the middle of a pandemic, that has made life come to a standstill across the globe. Every sector is being affected due to this but today I am going to talk about Indian Stock Market. How has the Stock Market fared during Covid-19. Investors sentiment in India is very low ever since cases has started to increase globally and even before the lockdown came into effect. Indian Stock Market has been the worst affected due to this pandemic, eroding almost 26% in dollar terms between February 1 and April 9 as compared to European and US Market which went down 20% and 14% respectively during the same period. What is more interesting is that Chinese Stock Market went down only 3% in the same period. Now, coming to the Indian Stock Market. The Stock Market (Sensex) crashed from a high of 42000 in mid-January to just above 25000 on 23rd March. The nationwide lockdown started on 25th March in India whereas the market has already reached its all time low in recent