Market Watch: Optimism Prevails Despite Uncertainties
Dalal Street Investment Journal|July 20, 2020
Market Watch: Optimism Prevails Despite Uncertainties
Over the last few weeks the markets have remained extremely volatile as a result of increase in US-China tensions on one hand and the rising number of coronavirus cases in India as well as globally on the other hand. As a result of the rise in coronavirus cases, various cities in India were put under lockdown again, causing further disruptions in businesses.

However, the optimistic behaviour portrayed by investors during the results season boosted market rallies. A bullish environment was witnessed in various markets globally. Shanghai index soared by 14.41 per cent during the fortnight as investors believed in another upcoming bull run since the country is currently the least affected by the virus.

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July 20, 2020