Open AccessIMPACT OF COVID19 IN INDIAN STOCK MARKET WITH FOCUS ON BANKING SECTOR
Author(s) -
Avantika Jaiswal,
Renu Arora
Publication year - 2020
Publication title -
international journal of engineering technology and management sciences
Language(s) - English
Resource type - Journals
ISSN - 2581-4621
DOI - 10.46647/ijetms.2020.v04i04.008
Subject(s) - market liquidity , financial system , business , stock market , asset quality , loan , asset (computer security) , stock (firearms) , financial sector , economics , finance , market economy , capital adequacy ratio , engineering , paleontology , computer security , horse , computer science , biology , incentive , mechanical engineering
Covid-19 related lockdowns are forced over and whole country is affected and all the sector. Financial markets have been confronting high unpredictability because of this virus. Monetary foundations have begun experiencing liquidity imperatives. The performance in India of the banking sector is most likely linked to the economy rather than any other sector. The banking sector which is already reeling under a multi decade low credit growth will be hit by fresh asset quality woes as loan collections will be hit as both large and small companies come to terms. The development of the Indian economy is eased to have slowed down significantly. The covid19 have affected the banking sectors' performance in India resulting that the market is going down. Here researcher's objective is to study the impact of covid19 on Indian stock market on banking sector.