India 2020 pandemic economy India

Markets looking to consolidate as the economy gradually opens up

Reading now: 211
www.livemint.com

The Nifty 50 is optimistic heading into the next week, and may continue as investors turn to the positives of an economy that is re-opening more of its businesses.

Given that we have entered a crucial phase, the focus now is on how much business activity can be recovered after the lockdown.

The two-month lockdown was severe, but most companies are expected to show a sharp recovery. Still, the coming 1-2 quarters remain crucial.

Some companies with heavy fixed costs will be faced huge losses and impairments. But the market seems to be taking all this in its stride.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA