In the week that global rating agency Moody’s downgraded India’s rating, the Nifty 50 index has reclaimed the 10000 marks. The index is now almost 33% higher since its lows on the day the first lockdown was announced. What are the reasons for this optimism?
In the week that global rating agency Moody’s downgraded India’s rating, the Nifty 50 index has reclaimed the 10000 marks. The index is now almost 33% higher since its lows on the day the first lockdown was announced. What are the reasons for this optimism?