In order to keep coronavirus infections under check, Prime Minister Narendra Modi had announced a pan-India lockdown for 21 days on March 24, effective 00:00 hours on March 25.
Since March 25, there were a total of 10 trading sessions. Out of 10, the benchmarks ended in the green in 5 sessions.
This may offer some relief even though Sensex and Nifty are still 26 percent down from their all-time highs of 42,273.87 and 12,430.50, respectively, that they had hit in January 2020.
Amid all the uncertainty in the market, the recent correction in the market has been termed as an investment opportunity by most experts and brokerages.
In the BSE 500 index, as many as 437 stocks logged gains. Out of 437, 16 stocks surged over 50 percent since March 24. As many as 337 stocks jumped more than 10 percent in that period.
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