Value Plus

Arihant’s Value Plus May 2020 is now available

In April 2020, Domestic market rebounded sharply with benchmark Sensex and Nifty Index ended the month with 22%&19.5%gains respectively. Amid the Covid-19 pandemic, In India, major cities like Mumbai, Delhi are still struggling and continue to see an increasing trend in number of cases. Government has categorised area with Red, Green and Orange Zones and relax lockdown rules in Orange and Green Zone. Though, area wise 30% of the area comes under Red Zone but over 40% of population and over 50% of GDP is contributed by this Red Zone. Moody’s Investors Service on 28th April 2020 slashed India growth forecast for calendar year 2020 to 0.2%, from 2.5 % projected in March. For 2021, Moody expects India’s growth to rebound to 6.2%.It expects G-20 advanced economies as a group to contract by 5.8% in 2020. Even with a gradual recovery, 2021 real GDP in most advanced economies is expected to be below pre-coronavirus levels. Any significant revival in investment activity is unlikely as capacity utilisation levels may remain suboptimal.


In this issue:

  • Movers & Shakers
  • Market Outlook
  • Stock Recommendation
  • Auto Sector April Sales
  • Mutual Fund Round-Up
  • Key Financial Events –May

We hope you find this issue of Value Plus useful. Please share your feedback on research@arihantcapital.com

Click here to download PDF report.

 

Arihant Team
The Arihant Team believes everyone deserves access to sophisticated financial advice. From day one, our mission has been to help make investing easier and accessible to every Indian. Our team of experts are curating informative and research-based article on this blog, to help make investing and managing your money easier for you!

If you would like us to discuss a specific topic on our blog, please write to us at research@arihantcapital.com.
Arihant Team on FacebookArihant Team on InstagramArihant Team on LinkedinArihant Team on TwitterArihant Team on Youtube

Leave a Reply

Your email address will not be published. Required fields are marked *

*
*
Website