Lessons (with Hindsight) from the Corona Crash
We all know that when the coronavirus hit the Indian market, it collapsed like a pack of cards. The Sensex had closed at 41,1170 for the week ended 20th February. In just six weeks, as the panic about pandemic spread, the index was down to 27,590 by the end of 3rd April—a humungous fall of 33%—as India went into a lock-down. At that stage, it was perfectly logical to expect the worst. Those...
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