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Markets may see relief rally in June as lockdown partially eases

India covid-19 outbreak economy infection
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India’s economic growth data, released on Friday evening, slumped to 3.1% in the March quarter, the slowest pace in 11 years As nationwide lockdown eases partially in June, stock markets will focus on reopening of economy while pace at which demand is restored to normalcy will be critical.

Analysts feel that there could be some relief rally in stock markets but quarterly results and management commentaries post March quarter results may keep volatility high.

India’s economic growth data, released on Friday evening, slumped to 3.1% in the March quarter, the slowest pace in 11 years.

FY20 gross domestic product (GDP) growth slowed to 4.2% versus 6.1% in FY19, which is a reminder of the severity of the growth slowdown underway even prior to

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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