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Hold some cash, watch lockdown relaxations: Analysts to stock market investors
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Indian stock markets were already expecting an extension of the lockdown but would be watching for the commentary and actual relaxation provided if the lockdown is partially eased in some areas from April 20, say market analysts.
After a decent recovery in the past few sessions, the Indian markets were back in the red on Monday, with the Sensex falling over 450 points.
Today, domestic markets were closed for a holiday. Asian markets posted gains today on better-than-expected Chinese trade data while Dow futures were 1% higher.
Prime Minister Narendra Modi today announced extension of the lockdown across the country till May 3 to fight the coronavirus pandemic, saying the measure has produced a significant outcome in containing the
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COVID-19
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
|
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
|
Brazil
|
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
|
United Kingdom
|
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
|
Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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