{"id":483,"date":"2020-05-30T13:05:45","date_gmt":"2020-05-30T13:05:45","guid":{"rendered":"https:\/\/www.invest19.com\/blog\/?p=483"},"modified":"2020-05-30T13:09:02","modified_gmt":"2020-05-30T13:09:02","slug":"lockdown-most-buzzing-word-in-the-stock-market-right-now","status":"publish","type":"post","link":"https:\/\/www.invest19.com\/blog\/lockdown-most-buzzing-word-in-the-stock-market-right-now\/","title":{"rendered":"Lockdown: Most Buzzing Word in the Stock Market Right Now"},"content":{"rendered":"
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In the last few weeks, the Indian\nequity market swung and inched higher aligning to global cues. The domestic\nindices moved in synchronization with the developed market peers like the US\ndespite the rising COVID casualties. Recently, the country has reported 7,964\nnew coronavirus cases in the last 24 hours, registered the record cases in a\nday since the first case reported in January month. However, a trend worth to\nobserve is that stock markets in most countries, irrespective of COVID-19\ncasualties and stimulus package from their respective governments have proved\nto be more resilient. Dow Jones Industrial Average (DJIA) is one such example\nthat has witnessed the strong recovery from its lows of March 2020. <\/p>\n\n\n\n

On the contrary, the Indian stock market has underperformed in comparison to its global peers dramatically over the past few months. However, in that time the US market outperformed the emerging markets by a huge margin. The major reason behind the underperformance is the extended nationwide lockdowns within the country and lack of near-term stimulus from the government to put the economy back on the track. <\/p>\n\n\n\n

Lockdown Status will Decide the Course of Domestic Indices<\/h2>\n\n\n\n

Given this tug-of-war between bull and bear, there is a possibility of seeing the continuation for a few more months. In the midst of this, Lockdown 5.0 will decide the future course of domestic benchmark indices \u2013 NIFTY & SENSEX. In such times, the quarterly earning reports are pseudo-event however the commentaries come through the management of companies help to assess the future prospects. <\/p>\n\n\n\n

As the current situation is more\nglobal rather than country-specific, there is a possibility to see the Nifty50\ncatching on global markets and move in harmony with other indices. In the last\nweek of May, the mild optimism was witnessed in the stock market, which\nsuggests the likelihood of Nifty50 crossing the 10,000-mark soon. <\/p>\n\n\n\n

Going forward, the \u201clockdown\u201d\nbecomes the most buzzing word in the stock market right now. It is clear that\nthe market will take a cue from the government\u2019s decision on lifting of Lockdown\n4.0 or extension of Lockdown 5.0, which is expected to happen for two more\nweeks. If the lockdown to extend, it would be without a doubt create pressure\non our financial system which may lead to a kneejerk reaction in the stock\nmarket. <\/p>\n\n\n\n

Nevertheless, investors should remain cautious and be prepared for worse. At this moment, it won\u2019t be easy to predict the future movement of Nifty as it all depends upon the lockdown status. <\/p>\n

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In the last few weeks, the Indian equity market swung and inched higher aligning to global cues. The domestic indices moved in synchronization with the […] Read More<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":484,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,10],"tags":[93,133,134],"class_list":["post-483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-market","category-featured","tag-lockdown-extension","tag-lockdown-5-0","tag-nifty"],"_links":{"self":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/comments?post=483"}],"version-history":[{"count":2,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/483\/revisions"}],"predecessor-version":[{"id":486,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/483\/revisions\/486"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media\/484"}],"wp:attachment":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media?parent=483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/categories?post=483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/tags?post=483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}