BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
The second wave of Covid-19 is worsening rapidly in India, posing a significant risk to growth forecasts for FY22.
To minimize the impact of the second wave on the economy, it is critical for the central bank and other authorities to keep financial conditions benign so that the fragile recovery can gain traction.
Our proprietary Financial Conditions Index (FCI) which tracks conditions in aggregate demand, stock, money, debt and forex markets, posted moderate improvement in financial conditions during the month.
FCI improved to 8.51 in April 2021 from 8.42 in March 2021.
While conditions in the stock, debt and aggregate demand markets worsened, money and forex markets provided support to financial conditions.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
