Japanese stocks plunged 12% on Tuesday as the country is dealing with multiple crises. The economic impact on the quake-stricken country and the global market is yet to be construed. Veteran on the market pulse, N Jayakumar of Prime Securities, in an exclusive interview with CNBC-TV18 shares what the Japanese crises mean to capital markets and how the risk capital is likely to behave.
Jayakumar believes Japan will begin rebuilding on the scale it did after the second world war and risk capital will rush in to help in that process.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
