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Shankar Sharma Flags Two Concerns For Indian Markets
Shankar Sharma doesn’t see Covid-19 second wave as a big risk for Indian markets.
28 Apr 2021, 01:20 PM IST
Indian markets will be able to overcome uncertainty as a severe second surge of the pandemic overwhelms Asia’s third-largest economy, according to veteran investor Shankar Sharma. But he sees two other concerns: higher commodity prices and rising benchmark yields.“You may not see a repeat of what happened in March 2020 [stock selloff]. 2020 was a surprise. A 30% fall was not on the cards but a 5-10% fall was, given the magnitude of t...
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