As we near the end of the nation-wide lockdown, we’re all wondering whether it will be extended or whether the time is approaching for a managed exit from it. After all, the lockdown has severe costs, especially for small businesses and the many firms that are highly indebted. Layoffs and salary cuts have already started. The US ambassador to India has reportedly told colleagues that they are looking out for signs of civil unrest. A fiscal package is desperately needed. And we have to prepare for a 'staggered exit’, as the PM has suggested. … [Read more...] about Moneycontrol Pro weekender | Will April be the cruellest month?
Global business manager
Along with the worsening business scenario, one should see the trend in consumer sentiments as well. According to the latest RBI Consumer Confidence survey, consumer confidence, as measured by the current situation index (CSI), in early March 2020 remained broadly close to the all-time low, which was recorded in the previous survey. … [Read more...] about RBI industrial outlook surveys confirm what bank NPA charts have been telling us for long
It is a difficult time for investors who might be seeing the value of their portfolios go down on a daily basis, but traders who trade both on the long and short side could have a gala time even if volatility index goes on a rollercoaster ride, HDFC Securities said in a report. … [Read more...] about Lucky 7: HDFC Securities picks fundamentally strong stocks for your portfolio