Markets in 2020: Great expectations
It was surprising that the markets touched new highs in 2019 though these were hard times for the economy. A deeper look reveals that markets thrive on hopes of things turning around in the future.
It was surprising that the markets touched new highs in 2019 though these were hard times for the economy. A deeper look reveals that markets thrive on hopes of things turning around in the future.
The S&P BSE Sensex closed above 40,000 points on Wednesday after nearly five months. It has gained more than 4,190 points in 27 trading sessions since September 19.
At World Economic Forum’s India Economic Summit, U.S. commerce secretary says he sees no structural reason for delay in India-U.S. trade deal.
While broader indices Sensex and Nifty 50 fell over 701 and 214 points respectively in intraday trade, S&P BSE MidCap and SmallCap fell 2.15% and 2.59% to record new 52-week lows.
According to Central Statistics Office estimates India’s GDP at current prices is expected to touch Rs 188.41 lakh crore in 2018-19.
Munjal speaks to Fortune India about the macroeconomic headwinds, current challenges, and robust opportunities in the country’s healthcare sector.
The emerging markets guru advises not to follow the crowd.
The RBI finally opens the financing tap to calm an increasingly volatile stock market, but that alone is unlikely to gain the confidence of the investors in the long-run.
The overhang of debt of many emerging countries could potentially spark off another crisis in the global economy.