The coronavirus disease (COVID-19) that started in December 2019 has turned the tide of global stock markets. The virus spread like a wildfire, engulfing the whole world, and the stock markets saw their biggest fall since the global financial crisis of 2008. As the world turned to work from home, prices of e-commerce, technology, electronics, pharmaceutical and medical devices stocks touched record highs. The worst-hit sectors were travel, airline and hospitality, as lockdowns and the fear of catching the virus forced people to stay indoors. As coronavirus became weaker with each wave, the skies opened to travel and the stock markets reflected positivity.
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