The stock market had a roller-coaster ride during Samvat 2076, as it rose till January 2020, then witnessed a sharp fall and later made an equally smart recovery. On Monday, the equity market hit a fresh record high on firm global cues after Democrat candidate Joe Biden emerged winner in the 2020 US Presidential elections.
The significant feature of equity market performance in Samvat 2076 has been the sharp divergences both across and within sectors and companies - highlighting the differentiated impact of Covid on various sectors.
As the markets are on the cusp of entering Samvat 2077, both the