Did The Indian Stock Markets Signal The Oncoming Crisis? A Study in Perspective of COVID 19

Authors

  • Purnendu Basu Sr. Lecturer, Royal University of Bhutan
  • Aditya Banerjee Research Scholar, Indian Institute of Management, Ranchi

DOI:

https://doi.org/10.33516/maj.v56i8.89-93p

Keywords:

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.

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Published

2021-08-31

How to Cite

Basu, P., & Banerjee, A. (2021). Did The Indian Stock Markets Signal The Oncoming Crisis? A Study in Perspective of COVID 19. The Management Accountant Journal, 56(8), 89–93. https://doi.org/10.33516/maj.v56i8.89-93p

Issue

Section

COVID 19 - Impact

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