Astral in wait-and-watch mode
Astral Poly Technik, a FORTUNE INDIA 500 lister since 2016, and one of FORTUNE INDIA’s TOP 100 Wealth Creators in 2019, sees consolidation picking up in the pipe industry due to the Covid-19 pandemic.
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Markets are yet to bottom out
Analysts with varied views have the 2008 global financial meltdown as the nearest comparable to the Covid-19 pandemic. But they are agreed on one thing: the need for caution.
‘India won’t get stuck in 5% GDP growth scenario’
As a result of the Covid-19 crisis, India can become an attractive investment destination, says Jaspal Bindra, executive chairman, Centrum Group.
China’s road to recovery could be lengthier
Weak external demand and people’s high level of vigilance against a possible ‘second wave’ of infection seem to drag on the recovery of the Chinese economy, says the Pictet Group.
Markets rally on stimulus package hopes
Benchmark indices in India take cues from global markets which rallied on expectations of stimulus packages; the Sensex gained over 1,861 points and the Nifty 50 over 496 points over Tuesday’s close.
Markets end lower after Modi unveils portfolios
Sensex, Nifty hover near lifetime highs after the inauguration of the new Cabinet, but close lower after realising that the new government has old challenges to tide over.
US-China trade tensions jolt markets
Trade war between the US and China is taking a toll on equity markets worldwide, and India is no exception.
