How Indian Stock Market has reacted to the unprecedented Covid-19 Author: Ms. Bhakti A Papnoi Global market’s reaction to the global pandemic The world’s most recent unannounced pandemic – Covid 19 has created financial crisis all around the globe. COVID-19 was first detected on November 17, 2019. From that day onward, the situation has been deteriorating. The GDP loss of the world is estimated to be up to 5.9%. Forecast losses and uncertain futures translate into low expected cash flows, rising real and perceived risks, and, as a result, falling stock prices. Khanthavit, A. (2020). Covid -19 Impact on Top
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