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This year has been unprecedented to say the least. Even before the pandemic wreaked havoc in markets and economies, there was a shocking drop in oil prices to near negative levels.

- Dr. D.P. Singh

Then came Covid-19 and the economic lockdown across the world resulting in a halt of business activities and loss of jobs and income. Geopolitical tensions between nations aside, we now have the US elections coming up during one of the most decisive periods in history. It won’t be an exaggeration to then say that the volatility, that has gripped markets since March 2020, will likely be here for some more time to come.

Fortunately, equity markets have recovered from their March-lows with the BSE Sensex back at levels seen pre-pandemic. The RBI, for its part, has been implementing measures to keep interest rates low. However, financial markets are still on tenterhooks and unfortunately, it will be a while before we see a more predictable pattern in the market.