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Coronavirus infecting markets

Stock markets registered wild swings in 2020. Both BSE and NSE indexes plunged to their biggest-ever levels -- over 10 percent -- on March 19. The benchmark BSE sensex hit an intra-day low of 29,389. Though, it recovered 5,380 points on that day and settled 1,325 points or 4.04 per cent higher at  34,103. 

Both the indices regained some momentum as and when the Centre announced economic relief packages to cushion the Covid-19 blow. Domestic indices climbed to fresh lifetime highs later in the year amid progress in Covid vaccine trials. 

On the global front, world-wide stocks felt the pain too but recovered on stimulus packages' boost and vaccine hopes. 


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