Home / Markets / News / Global markets can retest March lows if infections surge: Christopher Wood

Global markets can retest March lows if infections surge: Christopher Wood

The measures were too extreme even when compared to other countries, and for a developing nation like India were a risky bet from an economic standpoint, says Christopher Wood

Premium

Over the past few weeks, I have been advising to buy energy and auto-related stocks: Christopher Wood

7 min read Last Updated : Jun 15 2020 | 3:02 AM IST

Global markets were volatile last week amid the possibility of a second wave of coronavirus infections and a weaker-than-expected projection of the US economy. Christopher Wood, global head (equity strategy) at Jefferies, tells Puneet Wadhwa that the most positive thing for Indian stocks right now is that the lockdown is ending in most places. Edited excerpts:

Has the rally in global markets since their March'20 lows surprised you?

The dramatic rally since April has been driven by liquidity pumped in by the US Federal Reserve (US Fed). The important thing to note here is the US Fed signalled that it

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in