The Surge In Stock Trading During Pandemic In India
India’s stock trading is doing pretty well in our stock exchanges despite the devastating coronavirus pandemic all around. At present, BSE SENSEX is following a 3% growth as compared to last year. Similarly, the NSE 50 index is also up by 7% this year
India’s stock trading is doing pretty well in our stock exchanges despite the devastating coronavirus pandemic all around. At present, BSE SENSEX is following a 3% growth as compared to last year. Similarly, the NSE 50 index is also up by 7% this year.
It proves how India continues to be an attractive investment destination for investors. Most investors are investing in the Indian stock market for a long term and don’t care much about the short-term fluctuations.
Indian stockbrokers are also hopeful that this trend will continue. “It’s the right time to invest in the Indian market. If you hold your investment at least for the next five years, then you may see exponential growth in your stock value,” said a stock analyst on the condition of anonymity.
Meanwhile, the Indian union government has already infused financial stimulus into the market to stabilize our economy. Also, the government may likely introduce a few more stimulus packages in the next few months to help India fight the ongoing economic crisis aggravated due to the coronavirus scare.
According to economic experts, India’s market still looks gloomy for short-term investors, but if you wish to hold your stock for over five years, then things will improve drastically. Thus, India’s deadly COVID-19 second wave has failed to dent the confidence of investors in the Indian market.
Companies and business houses are now well-equipped to handle the unpredictability of consumers’ demand and purchasing power. Most consumers are now confined to their houses and investing a lot in health-related avenues.
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Companies are now also better skilled at reducing their overhead expenses and operating costs amid the lockdown while running their businesses.
Indian government is now fully poised to curb the rising cases of coronavirus in the country.
Owing to the massive gargantuan effort exerted by India’s health sector, the cases of coronavirus in India are following a downward trajectory. India recorded a constant dip in active coronavirus cases though the death rate is still a bit high at 1.19%.
Being Asia’s third-largest economy, India is gradually recuperating from the impact of the deadly coronavirus second wave. Hopefully, India will be able to pull off a surprise on the economic front. As per the trends, India’s stocks and shares are standing at par with their global peers.
Some economists are of the opinion that India’s stock market stands robust owing to current global liquidity and market sentiments. Apart from India and a very few other countries, most nations have almost opened up their economies, which directly or indirectly are helping Indian markets thrive.
Today, what happens in one country affects the other. Similarly, if other countries are slowly reviving their economies, then that is bound to help the Indian economy too. If the Indian stock market continues to move like this, then India can easily register more than 8% growth within the next three years in a post-covid economy.
According to sources, Indian companies have had a good earnings season (Q4 2021), which infused fresh energy into the Indian stock market leading to a continuous surge in stock market trading in India. If India’s coronavirus cases continue to drop further, India’s stock market will see more growth and a steady rise in the next couple of months.
India’s economy will get a new life once all 70-80% of its population get vaccinated. There is absolutely nothing to fear about. In fact, it’s the right time to grow your fund. Choose the right stock and shares and let your investment grow more in no time. Indian stock market is strong enough to subdue any inflationary trends or speculative tendencies in the stock market.
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