Share Market Show:- Weekend Reading
Share Market Show:- Economy, Global Markets & Sector
Indian market won’t test March lows but expect a big correction – Mark Mobius, Founder, Mobius Capital Partners.
On volatility in markets, sell-off in crude: Mr. Mark Mobius said that the volatility could be seen as an opportunity as some of the valuations of really great stocks have come down. However he is not putting all of his money as there could be an eventual downturn again, as one may know, in these bearish markets, there are false starts and then they start to come down again.
Two big trends, local grocer and e-commerce – Sanjeev Mehta, Chairman & MD Hindustan Unilever.
On factors leading to sales decline: Mr. Sanjeev Mehta says that just before the COVID outbreak there was a scenario where the markets were slowing down. If one looks at the last 3 months ending February and compares that with December, the market was slowing down.
Outsourcing set to rise in crisis’ wake – C Vijayakumar, CEO, HCL Technologies
Mr. Vijayakumar is of the opinion that sectors or companies that were not looking at outsourcing will do so now to save costs. He expects global companies to hasten digital transformations over the next 2-3 years as a consequence of the COVID-19 pandemic.
We are dipping our toes into health and hygiene segment – Saugata Gupta, CEO, Marico
On partial resumption of manufacturing at plants: Mr. Saugata Gupta says that things have started improving. A lot of local permissions were needed. A lot of advisories and clarifications have come from the Central Government and the Ministry of Home Affairs and things have started streamlining.
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