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Hope makes an appearance even as fear rules the Street | Markets

While the growing spread of Covid-19 continues to be a source of worry for global investors, the prospects of a concerted policy response is giving rise to hope

March 02, 2020 / 12:41 PM IST
Hope makes an appearance even as fear rules the Street | Markets

Does data support the fear that is being felt by investors? On Monday morning, India’s Sensex was down by 4percent over a week ago. And, that’s after recovering from Friday’s low levels. Covid-19 is spreading to other countries at a rapid rate. The fear is that this could exact a massive human toll on the population of these countries, especially those with inadequate health infrastructure and manpower. Also, just as China virtually was shut down for business and consumption, many...

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