MARKET

 Nowadays a lot of news is coming either on the positive or negative side. Getting nerves of the market is a bit confusing. Few indicators are showing results which are over and above pre-covid-19 level while some are showing  negative trends

GDP is getting its pre covid -19 level. GDP contraction is getting squeezed from -23% to -12%.

Now both employees and employers are in demand. 

Here we see that markets are still not open completely but trends are mostly on the positive side. One initiative taken by GoI in 2015  namely MAKE IN INDIA is now working supported by increased focus plus incentive to manufacture it in our country. 

This time, not just a few sectors are getting all attention but every sector is getting its due. A diverse sector needs diverse attention.

If you look at the figure of the Logistics sector, already they are on the positive side with 4% growth over the last year.

What it shows is more demand for commercial vehicles, inventory in the housing sector is down compared to last year, rebound in demand for residential as well as commercial properties. Financial Institutions are disbursing more amounts.

As above said that different initiative taken by the government is now giving hope for an early revival of the economy. This time all action is backed by necessary Legislation.

In our view, all these recent changes in legislation will augur well for the economy in the future first time the government has done its homework completely. Disbursement of loans to all sectors that have been opened in the economy after unlocking the economy is showing that things are coming to normal condition.

The time required for all is not known but even if we see every business house or individual have taken course correction. & moving ahead as per their plan.

Now we are seeing a marked change in the behavior of citizens, they themselves taking care of their health which is a very positive sign for all to fight against coronavirus. 

The market is optimistic so the Government  and Corporates

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