THE UNEXPECTED BULL RUN
Sensex crossed 60000 points in Bombay Stock Exchange. The whole world is suffering from coronavirus and all were expecting a financial crisis then why there is a sudden surge in Indian stock markets? The answer is the UNITED STATES OF AMERICA. Even though China is a neighbour country of India corona knocked on America’s door for the first time. In February 2020 US found the first covid patient. And the American stock market collapsed. Though the crash began on 20th February selling was boosted during the first half of march to mid-march. During the crash, there were many daily drops in global stock exchanges. But America is a very powerful country especially economically.US did not disappoint the entrepreneurs. The US reduced interest on the loans. So that they can take loans and can survive their price businesses. But Investors in the US were in a double whammy. Falling s stock market on the one hand and 0.20% interest rate on the other. Investors wanted a growi...
