Can the liquidity-driven rally sustain? | Sumeet Nagar of Malabar Investments speaks to ET Now
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If you look at the markets, in the first few weeks when the Covid situation came to the fore, you saw a very sharp response to that problem and it happened globally. It also happened in India. I think there was indiscriminate selling everywhere. I think over a period of time, people started realizing two things. One is that the impact would be finite and it has to end. So once you find a therapeutic cure or you find a vaccine, essentially the medical problem comes to an end and you still have to resolve the economic problem. Also, it has brought forth an unprecedented level of monetary and fiscal response both globally as well as locally. I think once people started to see there is no liquidity-related problem, the markets were increasing. So essentially the markets are functioning, the economy is functioning and it will sequentially keep coming back and you have seen the response of that coming into the market, says Sumeet Nagar Malabar Investments Watch! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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