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Week Mar 16 - Mar 20, 2020 |
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Equity market outlook 2020: amidst corona virus scare Corona virus scare has grown multifold post its spread across the key economic zone of Europe and US. Of course, while the numbers of affected cases in India, currently, are not significant, we believe that the pre-emptive geographical lockdown is likely to keep the overall numbers within a limit. Nonetheless, the outbreak of the corona virus will definitely have an overall impact on global as well as Indian GDP growth in the interim. Both trade as well as discretionary spends (travel, leisure etc.) are likely to take a hit in near term as public movement will be restricted given the fear over the same. The recent global as well as Indian equity market correction is result of the same...Read More |
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