Covid19 vs Sensex
Update Aug 2020: Cornovirus hits Indian Economy. Single-day spike of 64,399 cases and 861 deaths reported in India, in the last 24 hours. The #COVID19 tally rises to 21,53,010 including 6,28,747 active cases, 14,80,884 discharged & 43,379 deaths: Ministry of Health. However, the stock market bounced back from the lows. See these charts. Update Aug 16: Changed the title of the post from "Indian Economy crashed on Q1 2013" to Indian companies reported its worst results in five quarters. After Suzlon energy, Lanco Infratech Ltd. to go for a major loan restructuring. NPA growing in quarterly reports filed by banks like Vijaya Bank, Allahabad Bank. Profit of Cement and Infrastructure companies are taking a toll. See the performance of Larsen , JP Associates etc. Jaiprakash Associates tumbles over 20% in four sessions. Jaiprakash Associates hits 52-week low on Q1 earnings Jaiprakash Associates fell 2.16% to Rs 40.85 at 12:53 IST on BSE as the company's Q1 June 20