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Paper Details

RECESSION AND ITS EFFECTS ON STOCK MARKET IN INDIA

RECESSION AND ITS EFFECTS ON STOCK MARKET IN INDIA

Aman Saigal, Abhishek Saigal

Journal Title:Cosmos An International Journal of Management
Abstract


This paper discuss that recession is a word which has rocked the entire world. US market which is a feeder of the world market crashed and it had effect on all the major markets and India is one of them thousands of people became jobless and a number of people committed suicide due to recession problems. This recession had effect on all the sector and mainly service sector affected a lot. Sensex lost a number on points and lakhs of people lost there money on BSE. Government tried to rescue many financial houses by extending them good financial packages. In this paper, the author tries to explain the effect of recession on stock market as well as global market. Keywords: Recession, Economy, Stock Market, India, Government