[Nitin Bhatia]

sir, when gdp forcasted 5% the market has corrected so much, now gdp forcasted around 0/1-1.5% / negative , then market gonna fall down in the near future , this based on common sense . is my analysis right?
ThankYou.

[Anonymous]

Dear Nitin,

With regard to above mentioned article I wanted to know about the fall in NIFTY ( market).
How much is it due to GDP and how much is it due to Covid -19?
If we do comparative analysis Markets across the world have fallen since Feb.
So is it correct to only identify GDP as the factor in the fall in the Market.

All the major indices fell around 35-40%.

So why should India’s case be only isolated case of GDP.
Kindly do reply with data points with regards to international indices.

[Anonymous]

In my opinion NO.The fall in market has factored in the forecast .Doing a 360 analysis the forecast is due to Covid 19 situation and market has already corrected due to the seeming after effects of Covid 19.

[Nitin Bhatia]

These are just predictions… Only real data can show the actual picture.. Market may give a knee-jerk reaction but after that it will follow normal technical analysis..

[Nitin Bhatia]

The correction in the market was due. I have explained all the reasons in my earlier Live Streaming. The market was highly over valued. The real impact of covid 19 will be felt only in coming quarters and accordingly the stock market will react.

[Author]

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