Stock Market COVID Impact India, Share Market Trend 2023
How Coronavirus affects Share Market in India, Plan your stock market investment in 2023
Stock Market COVID impact: Past 2-3 years have shown us how badly the financial growth of a country gets affected in a pandemic like COVID. The coronavirus has affected almost every person and every aspect of life. Although many companies have now recovered from the loss due to Covid 19 pandemic. Again Covid cases in India and coronavirus new variant BF.7 is a new threat to companies in India. Retail and foreign Investors are concerned about share market trend in 2023. However, the corona cases in India are not in big numbers still the government of India has issued precautionary guidelines for Coronavirus new variant BF.7.
Read | Cyber Fraud: Banking frauds, Recover lost money | Top 10 Stocks to invest in 2023
Open Free UpStox Demat account/ Trading Account
Open Free Sharekhan Demat Account / Trading Account
We have seen in 2019 and 2020 that the Indian Share market went dark and many investors lost their money. However, this time the case may be different. The Stock Market may not get that much affected due to Covid new variant in 2023, reason being Covid vaccination in India and tracing method development. The government is now more experienced to control Covid cases in India compared to 2019.
Buy on Amazon | 3 Dimensional Disposable Face Mask with 4 Layered Filtration | Lifebuoy Germ Protect Alcohol Based Hand Sanitizer
Let’s discuss about Covid Impact on the Indian Stock Market and in which stocks you can invest in 2023 foreseeing new Covid cases in India.
Amidst recession news in the world, the new variant of Coronavirus has created fear among the stock market investors. The international rating agencies have decreased the expected growth of the worldwide economy marginally. The International Stock Market is closing in red which is a signal of selling pressure and profit booking by long term investors.
Explained | 6 things you Must know before market opens | How do they decide Stocks Upper Circuit limit
Still, many of the investors are bullish specifically in the Pharma sector, Defense Sector, Insurance Sector, Banking Sector, Infra Sector and IT Shares. The interest of foreign investors has increased in this share due to the high demand of medicine in Covid period.
If we talk about the retail investors, people tend to move in the direction shown by the market from time to time. Which sometimes work but may not work every time. This is not the time to follow the market trend when it comes to investing your hard earned money but to dive deep in history and research about a share before investing.
In the end to conclude, the stock market Covid impact may affect sectors like tourism, Transport, Precious items, Hospitality but there will be opportunities in sectors like pharma, defense, insurance, banking etc. Before investing, go through the market trend as well as get insight into the company and sector in which you want to put your hard earned money.
Read Related Articles –
- National Stock Exchange of India (NSE), Stocks listed on Nifty
- Bombay Stock Exchange (BSE), Stocks listed on Sensex
- Top 10 Stock broking companies and mobile trading app in India
- Muhurat Trading: Know Everything in detail, Timing, Tips
- Bank Nifty: weightage of banks, bank nifty share
- Nifty 50: Details of listed Shares and Weightage in Index
- Top 10 Best Stocks to invest in 2023 for a year
- How to invest in Share Market to earn money?
Read Category-wise posts
Banking | Bank Account | Bank Deposit Schemes | Loans | Bank Cards | Credit Cards | Debit Cards | Search IFSC & MCLR Code | Insurance | Bank Jobs and Exams | Stock Market | GST | EMI Calculator
