Tweet Buster: St in ‘panicdemic’ & why RBI can’t soften virus hit

Posted On Mar 26, 2020 By admin With Comments Off

NEW DELHI: The week been going on freshened up retentions of 2008 financial crisis as world-wide stock market slumped following the spread of coronavirus to more than 50 countries. As the world dealt with the economic implications of the crisis, investors were busy fleeing towards safe haven assets such as attachments and gold. BSE benchmark Sensex nosedived 1,448 qualities alone on Friday to enter its second-worst pointwise decline in history. No sphere was left unscathed.ETMarkets.com did a roundup of what the top market intellects made of this move and what they predict going ahead. On a lighter mention, chairman of Mahindra Group Anand Mahindra proposed a new term for the coronavirus panic-induced market crash:’ Panicdemic’.Time to coin a new phrase. When sells panic over a pandemic is it a’ panicdemic? ’ — anand mahindra (@ anandmahindra) 15828699200 00

Independent market expert Sandip Sabharwal seems to find opportunity amid this crisis. The professional would like to buy this busines transgression, yet he is unsure it has reached the bottom yet.As a BULL I have a strong advise to Buy now after such a serious sell off Controlling those advocates as the worst might … https :// t.co/ hxDGVnXyBk — sandip sabharwal (@ sandipsabharwal) 15828619690 00

Sabharwal in another tweet said India unlike other eras is better placed to face the crash and is no longer part of the “fragile” club. He finds India’s forex reserve, strong FDI inflows and low inflationary pressures as a cushion against busines selloff.The good percentage for #India this time Vs previous marketplace selloffs is that – Our external slot is strong with reco … https :// t.co/ pikfe8Alzz — sandip sabharwal (@ sandipsabharwal) 15826206200 00

In another tweet, he said the fall could play out in the course of the coming 2-3 weeks, but could be well over before the summer comes and the possibility of coronavirus spreading sinks. People try to find a posterior after exactly ONE era of a Nasty # StockMarket selloff Not so fast The time will come soon … https :// t.co/ g9p6w42ayY– sandip sabharwal (@ sandipsabharwal) 15825493640 00

#Coronavirus eruption is a Non Linear event. As such forecast its influence in terms of duration and range on the … https :// t.co/ Tms3 8d ZdEt — sandip sabharwal (@ sandipsabharwal) 15828095180 00

Value investor Jiten Parmar cautioned investors to not invest in corporations that are likely to benefit from the spread of coronavirus in the short term, instead he admonished them to focus on sectors with long term tailwinds.Do not utter asset decisions based on short term benefits to certain fellowships/ sectors due to CoVid 19. That ma … https :// t.co/ I5toyUOZus– Jiten Parmar (@ jitenkparmar) 15828854810 00

Safir Anand, who like Parmar is a value investor, made a case for India trying to capitalise on this opportunity to lure global monstrous to set up shop now. India should be using this opportunity to reach out to global beings to derisk from over dependence on china for ma … https :// t.co/ XxYk4yWocP — Safir (@ safiranand) 15828315590 00

Market veteran Shankar Sharma compared Dow and Nifty’s movement correlation and wondered why don’t Indian business croak similarly higher as the US’, but come down with the same momentum.I am very upset with the behavior of the Indian stock market. Jab saare Global marketplaces chaley in last 1-2 years, to … https :// t.co/ WasMQH3OlF — Shankar Sharma (@ 1shankarsharma) 15828694310 00

Chief Economic Adviser at Allianz, Mohamed A El-Erian pointed out that contracting China PMI due to the spreading coronavirus is further contributing on to the pain stages caused by the trade war. Shock number out of # China. The February # PMI for manufacturing came in at really 35.7( the consensus approximate was 45…. https :// t.co/ WHXS0YP 139 — Mohamed A. El-Erian (@ elerianm) 15829385960 00

El-Erian doesn’t envision the central bankers’ action as a possible respite for tackling the issue. Here’s why.In FINANCIAL sudden stops, #CentralBanks can resolve market disappointments and facilitate restore economic work #ECONOMIC s … https :// t.co/ GEb8nb 8gqj– Mohamed A. El-Erian (@ elerianm) 15828978460 00

Back home, Sabharwal echoed the same view. Unfortunately #coronavirus passed slowdown is not an event that Monetary Policy can address. It’s both a Supply and De … https :// t.co/ mzWGaYjEvV — sandip sabharwal (@ sandipsabharwal) 15826375650 00

Investment tipsDespite all the gloom that engulfed markets here are some investment tips that professionals have for Dalal Street investors. Sandip Sabharwal says pharma stocks could soon make a bottom and China supply disruption-led selloff is likely to be the final nail in the coffin. After a long time we could actually be in a stage where numerous gigantic Pharma Stocks could make a bottom. China Supply … https :// t.co/ kUL4FI 4dnj– sandip sabharwal (@ sandipsabharwal) 15826180230 00

iThought co-founder Shyam Sekhar cautions not confining coin with sensibility but with goals.”If you miss a fortunate #investing life, tie-in your #Money decisions to destinations. Not to sentiment and volatility. Returns … https :// t.co/ NXXen5uYGk — Shyam Sekhar (@ shyamsek) 15829443790 00

Sekhar also finds ethic in microcap assets and says that during an economic rebound, it establishes ability to have those in your portfolio.My impression is that #microcaps are emphatically appearing interesting. When the economy recaptures growing, it obliges smell to … https :// t.co/ baveHjzZpm — Shyam Sekhar (@ shyamsek) 15828927150 00