Indian market rising: The Covid-19 curve is far from over and there is no guarantee of economic recovery as India is seeing its worst performance in forty years. However, the stock markets returned to March levels.
It was speculated that the Indian market would intervene due to fears posed by the Covid-19 epidemic, instead, the market is moving strongly as suggested in practice. The market is always looking towards the future. At the current Sensex level, the road is narrowing that India will be the current account for FY21 due to low oil imports, gold imports, and imports from China. The market price is determined by the resumption of normal economic activity with the Covid-19 epidemic solution around the corner.
If the real situation in the coming days is better than what the market sells, the index may rise here. If the real situation is worse than what the market is selling, the index will fall to its current level. The shares of companies fell sharply in hopes of closing. Take them back as their fears have been proven unfounded. Companies have found new ways to reduce costs and get out of recessions. This has boosted investor confidence in small companies. There are certain factors that lead market investors toward the stock market.
Many young people realize the importance of saving money and want to invest on a rainy day. Many are chasing low-cost shares in the Z-Group. Their bizarre purchases have raised prices, giving them immediate benefits. In addition to the ongoing inflow from local and global investors, markets need returns from FY22. Markets need lower oil prices, less trade with China, and smaller gold imports to shift beyond the FY21 account in India.
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