Troubles mount for the Indian markets; may not be easy to overcome2 min read 26 Apr 2020, 06:09 PM IST
The coming week is crucial because investors will be watching the debt fund market for further developments
Some banks are expected to report their Q4 results; commentary on recoveries will influence market direction.
With debt funds rattled by the shutdown of six Franklin Templeton’s debt fund schemes and other debt funds whittling down their net asset values, the Indian markets may be heading into choppier waters. Stock markets fell last week despite the positive news coming from Jio Platforms. The markets could not sustain higher levels, losing about 112 points on the Nifty 50.
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