POST VACCINE IMPACT ON MARKET
- MARKET DEVIL AND IMPACKET OF CORONA VIRUS IS MINIMISED
Well a year and two have passed by since the dreadful ORTHOCORONAVIRINAE aka NOVEL CORONA VIRUS have gripped us. It all started back in 2019 in Wuhan the sprawling capital of Hubei province of (Dragon land) China. Back at that time many of us though it is just merely a kin of Rhinovirus aka common cold But as the impact of it started being reported the whole world turn upside side. As it began to spread its wings world wide the panic break out. The reported deaths and the number of infected people due to it began to increase forced WHO to declare it as the worldwide emergency.
Now lets take a look at how the share market reacted when corona virus was just a puckling baby.
Many experts declared COVID- 19 as "BLACK SWAN" as the worst global recessions began with the dawn of this virus. Market reaction was quite unpredictable as the market as either taking the virus seriously or it a anticipated any serious effect of virus on world. As soon as the news declared out by WHO; the sudden panic lead bulk sell off of shares by retail investors. the Indian market never experienced such massive shock in both demand and supply.
when the government of India declared the imposition of lockdown the market gripped all time low. we were unable to predict the catastrophic consequences in both social as well as economical part.
when compared to past years the percentage of days in year when Index moved more than +/-1% is highest in 2020 nearly about 1.32% in the first two quarters of the year. This is enough to show the turmoil market was experiencing at that time.
As we thought that our life is beyond our houses, Corona Virus though be serious issue was taken for granted by people, for it was extremely difficult for them to continue their bread and milk without any work. A rat race for the vaccine began between countries. All of them trying best and fast to achieve the effective vaccine. It was extremely difficult to carry with this any more.
At the beginning of 3 quarter the market gained its lost position with the new high. it bounced back with new hope as soon as we learn to live our life with the "new normal ". Every body hoped for the vaccine as it prove to be the only panacea of this pandemic.
The new year come with a 50-50. A good news as vaccines were approved and bad one as virus began to mutate i.e as new strain of virus is found.
Now the whole world is preparing to get vaccinated so does the market. Indian stocks rose on as vaccine dry run fanned optimism of an exit from the pandemic. Both BSE Sensex and NSE Nifty 50 extended gains from all-time high closing levels.
It can also turn out to be a gainner for you only if you are a smart investors. you can earn back your lost penny by investing in the following sectors:-
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