Market Quote - May 4, 2020 - Vinod Nair, Head of Research at Geojit Financial Services

"In sync with global markets, the Indian benchmark indices lost around 5.6% with an increase in the volatility index by around 28%. Globally, rising trade war tensions between US - China and domestically, dire economic news added to the negativity. The extension of the lockdown and the fear that the economy and businesses will take longer to get back on track, impacted the markets. Indian market will continue to be driven by global news flow and domestic earnings commentary."

Source : Equity Bulls

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