Is 2020 stock market fall repeat of 2008 market crash? The 2008 Market crash was brutal; Market fell by almost 58% in just 1 year. People have started comparing the 2020 market fall with 2008. In every bear market; Market gives dead cat bounces where a lot of retail investors get trapped in. Is the current pull back of 2020 same? The market had a decent pull back from the low levels of 7500+ in March. Market is just kissing distance from 10000 psychological level which doesn't seem achievable as SGX Nifty as of 01-05-2020 is showing a 500+ negative figure. It remains to be seen how the markets will open on Monday the 4th of May 2020. This is how market has performed from the start of correction in 2020! From Economy front a lot of bad news started kicking in :- The GST revenue collection for the month of March 2020 is 28309 crore There is 0 sales in the auto mobile sector Country's largest FMCG company HUL has posted -ve 10% growth and profit fo
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