A Pragmatic Study on Impact of COVID19 in Stock Market Crisis

Abstract

The stock market was highly volatile situation even before the major covid19 crash begins,
which was pertained to many internal turmoil’s rather than external factors. Covid 19 has made a
tremendous change in the world economy which has eroded the entire liquidity from the stock market but
the scenario sprouted long back with so many international tensions. Markets are interdependent and
chained so none of the dominated markets move independently. Perhaps we can’t fully insist on classical
economic theory to evaluate the root cause and finding remedy with given data, some econo-physics theory
also has got evolved in this matter. In Indian context automobile sector was in a deep disruption because of
B6 & Electrical transmission. Banking was totally collapsed due to rising NPA and Yes bank liquidity crisis.
The Pharma sector was desperately sprawling due to USFDA pressure and pricing mechanism. The stock
market will be in more vulnerable if this pandemic prolong without finding any antidotes.
The current study tries to throw light on impact of correction process of stock market in 2020.