Beating Covid-19 Blues

The year 2020 will be hard to forget due to the worst pandemic in a century. The stock market remained turbulent throughout, but plotted a V-shaped recovery to end the year at an all-time high. The Nifty closed 2020 at the threshold of 14,000, a solid 85 per cent surge from the low of 7,610 in March. Mid and small caps, which had been lagging for almost three years in a row, shot up to become the best performers. The Reserve Bank of India’s (RBI’s) infusion of liquidity into the system cheered bond markets as well. Riding out the market roller-coaster, some fund managers delivered extraordinary risk-adjusted returns while showing consistency in their performance.

The 8th edition of Business Today-Money