Impact of Covid-19 on the Performance of Indian Equity Market in 2020

16 PAGES (13 WORDS) Finance Paper
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Abstract


Due to the disruptions in global market the financial markets of India also reacted and experienced uncertainties which started in March 2020. This had a significant impact on the first quarter of the Financial Year 2020-21. It was predicted that India would perform severely in April-June and July-September quarter as result of decrease in manufacturing and service sector activities. However, what followed was entirely ironical as Indian & global stock markets witnessed a rise. This research attempts to provide the similarities in performance of global & Indian stock markets in 2020; disconnect in real economy & stock markets in India; possible Overvaluation & monopolization of stock markets in 2020 & reasons behind the outperformance of stock markets in 2020.

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