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COVID-19 crisis: Here’s what big brokerages have to say

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COVID-19 crisis: Here’s what big brokerages have to say

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Rising COVID-19 cases in the country and renewed restrictions could hamper the growth and force revision of gross domestic product (GDP) growth estimates.

Rising COVID-19 cases in the country and renewed restrictions could hamper the growth and force revision of gross domestic product (GDP) growth estimates.

It is logical to expect some amount of impact on growth, earnings, etc., How much? It's of course anyone’s guess because this is not similar to what we saw one year back. This is much localized, state-specific but this will hurt at the margin.
Three views have come in – one from Goldman Sachs, another from Kotak and third from CLSA in terms of what their equity strategy folks are saying.
Watch the accompanying video of CNBC-TV18’s Prashant Nair to know what these big brokerages have to say about India.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

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