300.00 Dollar US$ Has COVID-19 brought back traditional ways of investment? PB-Chandigarh
- Location: High Ground Road, Zirakpur., PB-Chandigarh, PB-Chandigarh, Indiana, India
COVID-19 has turned over our lives overnight. Keeping pace with the drowning economy is becoming a real struggle for the researchers. Before COVID-19 became a pandemic, the market was hitting an all-time high in January 2020.
Though, this peak did not exist for a long time, as soon as, the market went into the panic mode, figured started steeply dropping. According to a report of the Economic Times, within two months of lockdown, the stock market dropped by about 40%.
While the investors were feeling elated with the eye-popping returns through mutual fund statements during the euphoric phase of the market, yet now, they are also left with no options except then stepping back and slowing down the investments.
This pandemic has negatively impacted the large businesses and forced them to rethink about their business model. The bottom line is that it is a roller coaster ride. No one knows how long it will take the market to recover. Till then, investing in the market means keeping your foot under the hammer.
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