Did The Indian Stock Markets Signal The Oncoming Crisis? A Study in Perspective of COVID 19
DOI:
https://doi.org/10.33516/maj.v56i8.89-93pKeywords:
No Keywords.Abstract
The COVID 19 pandemic unleashed an unprecedented crisis for the Indian economy. This paper turns to the Indian stock market to answer this questions that whether there were indications of economic consequences in India even before the lockdown, and how has the Indian stock market reacted to the policies of lockdown, liquidity, and fiscal initiatives. Results reveal that stock markets were showing signs of oncoming disturbances beforehand, possibly due to the interconnectedness of global stock markets. As markets adjusted, later interventions by the government did not make a statistically significant impact.Downloads
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