Corona Virus Impact on Indian Stock Market and Industry during Pandemic: A Case Study
Keywords:
COVID’19, Stock Market, Industry, Investors, Listed Companies, Financial StrategyAbstract
Case Description: The primary subject matter of this case was to analyze the impact of novel Corona Virus (COVID’19), the worldwide pandemic on Indian investors with analyzing gains and losses (if any). The case also highlighted its impact on the Indian Stock Market's various sectors and industries for two months (January 23, 2020 to March 23, 2020) and predictive industrial analysis. The discussion included an analysis of NSE and BSE's indices focusing four sectors during lockdown in India, and the Indian government's action during this pandemic situation. The market had been faced a downturn in between these two months; transportations and logistics industries had also been reported as a major decline. Furthermore, the case also included an examination of problems that arise in the Indian stock market like Indian investors' gain or loss, financial strategies for corrective action and opportunities and challenges available for listed companies. The list of assigned questions and suggested solutions will lead students through this pandemic impact on the Indian financial market and will prepare them to make strategic recommendations. This case can be discussed in 90 minutes session and give insight into the stock market movements and industrial changes due to COVID’19.
Case Synopsis: The novel Corona Virus (COVID'19) was a worldwide pandemic declared by the World Health Organization (WHO). This was detected by China in its Wuhan city in December 2019. This pandemic has been impacted the whole world very rapidly majorly in China, Italy, USA, Spain, France, Germany and India. As per the collected data, more than 1,929,633 people affected worldwide and 10,981 cases reported in India. The government of India announced curfew and lockdown time to time for the country’s prevention. In between these two months, India has faced many intense challenges in different ways such as downfall in the Indian financial market, nationwide lockdown, industrial changes, consumption rate, deaths etc. due to the pandemic. India also faced financial and economical issues due to this investors' investing patterns affected by COVID' 19.
Downloads
References
Biman.Mukherji. (2020, March 23). Corona Virus impact: Indian industry seeks relief measures to aid economy. Retrieved from livemint.com: https://www.livemint.com/companies/news/Corona Virus-impact- indian-industry-seeks-relief-measures-to-aid-economy-11584904435575.html
Corona Virus impact | Finance ministry, RBI consider easing NPA classification duration to 180 days: Report. (2020, April 06). Retrieved from moneycontrol.com: https://www.moneycontrol.com/news/business/Corona Virus-impact-finance-ministry-rbi-consider-easing- npa-classification-duration-to-180-days-report-5110901.html
COVID-19 World. (2020, April 16). Retrieved from covid19world.org: https://www.covid19world.org/
G. Seetharaman. (2020, March 14). How different sectors of the economy are bearing the brunt of the Corona Virus outbreak. Retrieved from economictimes.com: https://economictimes.indiatimes.com/news/economy/policy/how-different-sectors-of-the-economy-are- bearing-the-brunt-of-the-Corona Virus-outbreak/articleshow/74630297.cms
Government of India. (2020, April 11). #IndiaFightsCorona COVID-19. Retrieved from mygov.in: https://www.mygov.in/covid-19/?cbps=1
India's Highlights. (2020, March). Retrieved from moodys.com: https://www.moodys.com/researchandratings/country/india/-/0420C9/0420C9/-/-1/0/-/0/-/-/-/-/-/-/-
/en/global/pdf/-/rra
India's inflation likely fell to a four-month low in March: Poll. (2020, April 09). Retrieved from moneycontrol.com: https://www.moneycontrol.com/news/business/economy/indias-inflation-likely-fell-to- a-four-month-low-in-march-poll-5125051.html
investing. (2020, april 3). Retrieved from investing.com: https://in.investing.com/indices/s-p-cnx-nifty- historical-data?end_date=1585897200&st_date=1580544000&interval_sec=weekly&interval_sec=daily
KPMG. (2020, April). Potential impact of COVID-19 on the Indian economy. p. 12.
Nationwide lockdown to cost Indian economy $4.64 bn every day: Acuite Ratings. (2020, April 02). Retrieved from moneycontrol.com: https://www.moneycontrol.com/news/business/economy/nationwide- lockdown-to-cost-indian-economy-4-64-bn-every-day-acuite-ratings-5101031.html
Sector-wise contribution of GDP of India. (2019, February 8). Retrieved from statisticstimes.com: http://statisticstimes.com/economy/sectorwise-gdp-contribution-of-india.php
Downloads
Published
How to Cite
Issue
Section
License
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
