9. Surprising India’s Stock Market Still on Peek despite of having this Corona Pandemic.
- Surprising India’s Stock Market Still on Peek despite of having this Corona Pandemic: After the Freedom of Our Nation, very first time India is facing such a huge pandemic, despite of having huge loss in every sector Our Stock Market is on Peek, every day 3lakhs++ cases of corona arriving in India and 4000 deaths every day.
- As in above graph we can see huge rise in NIFTY graph, so there is huge difference between ground and graph reality, The report of 4th Quarter was so good Industries have reported huge positive revenue between Jan-March, and also reassumed that next quarter will have positive impact on NIFTY. Moreover the biggest cause behind this was Govt. decision about not to put Complete Nationwide Lockdown, Vaccination drive reliefs changed Whole Nation mind on this Pandemic.
- Moreover, Domestic Industries Investors(DII’s) of our Nation has invested huge form Oct2020 up to Rs. 9669 as against a net outflow of RS. 11,101 by FPI’s.
Now this all depend on Corona Impact on Our Nation.