Corona Virus has hit the stock markets like a global epidemic in finance Investors are in panic mode and as usual want to exit . Doing the same mistake over and over again Many pessimist are trying to compare the same with 2008 crises where markets corrected by around 70%. Although we have corrected by 10% in this corona virus, this is being overplayed by pessimists Conveniently ignoring good Service Sector PMI at 6 year high or High GST collections, IBC resolutions like Essar and Ruchi Soya are excellent for banks. Brent at 50 is like biggest boon to us And This is just the start Corporate tax cuts will start to show the results now. However let us presume that the crises are as big as 2008( which is 100% untrue as per me and many analysts) Indian stock markets played as under on 21 Jan 2008, the BSE fell by 1408 points to 17,605 leading to one of the largest erosion in investor wealth On the next ...
Chartered Accountant. Company Secretary. Specialization in Portfolio Management