A virus that threatens to bring the world to an end is knocking on the door. No one has any clue what will happen next. There is a sell off in the Bank of India cut interest rates sharply. As if on cue, the stock markets take off, implying all is going to be fine. In case there's any confusion, let me clarify. Lower interest rates are not an antidote for the virus. Yet, we know what transpired immediately post the rate cut.
Now, if you were a cautious risk averse investor in March 2020, you would have probably built up large cash positions, or perhaps moved money to gold. If you were an investor with some appetite for risk, perhaps, you did not exit the stock markets completely, but still ensured you had funds at your disposal to take care of your family if the worst were to come true. However, if you were a perma bull (an investor perennially bullish on stock markets), you went all in, putting all the money you had, and more, to work.
Denne historien er fra January 05, 2024-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra January 05, 2024-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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India in economic sweet spot, inflation to moderate: Moody's
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EV adoption is a marathon, not a sprint: Audi India
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India's trade gap with China soars in Apr-Oct
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14 nations eye India's generic drug model
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India urges $1.3 tn annual climate grant
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