: Latest #StockMarketNEWS by #MunafaSutra daily updates Covid-19 impact: India VIX touches 86 level, breaches 2008 peaks

@StockMarketNEWS Tue 24 Mar, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra daily updates


Covid-19 impact: India VIX touches 86.63 level, breaches 2008 peaks
In year-to-date, the volatility gauge has seen a spike of 600%


Covid-19 an economic tsunami; biz failures, bankruptcies coming: Moody's Moody's believes asia to be past the worst of the virus, and while there is still considerable economic fallout to come, the region's economy should be able to eke out a small gain in gdp in 2020

Growth biggest concern for banks now; keep an investment horizon of 3 yrs Even before the outbreak of coronavirus, growth in the overall banking industry was not encouraging.

IndiGo, SpiceJet hit lower circuit after govt suspends domestic flights The move is part of the nationwide lockdown that the government has imposed to stem the spread of coronavirus. india had banned international flights for a week on march 20.





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