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This Article is From Aug 18, 2020

SBI Research: Eco Wrap - The Good, The Bad And The Ugly

SBI Research: Eco Wrap - The Good, The Bad And The Ugly
A cat walks past beds laid out in a makeshift ward at a Covid-19 quarantine center set up in the OraBella Banquet hall in New Delhi, India Photographer. T. NarayanBloomberg

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

SBI Research Report

The current Covid-19 pandemic is now spreading at a much faster rate in India post the opening up of the economy.

The narrative on current Covid takes us back 54 years when the world first witnessed the blockbuster movie ‘The Good, the Bad and the Ugly'.

The Good: We revisit our GDP growth estimation for Q1 FY21 and now peg it at a much lower contraction of -16.5%.

The Bad: Over the months of July and August the virus has penetrated the rural areas.

The Ugly: The spread of Covid pandemic has reignited the debate between lives and livelihood to between lives and lives.

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 brokerage 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.

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