Global equity markets are likely to continue their up move: Chris Wood

Most analysts agree that the road ahead for the markets will depend on how the government and other policymakers - in India and other countries - adopt measures to combat this crisis.

Global equity markets are likely to continue their march upwards going ahead, as they focus on economies opening up for business from the stringent lockdown imposed due to the rampant spread of Covid-19 pandemic earlier this year, said Christopher Wood, global head (equity strategy) at Jefferies in his weekly note to investors, GREED & fear.

“It is clear that markets are more focused on the reopening narrative than second wave concerns. GREED & fear’s base case remains that the biggest risk to stocks, particularly growth stocks, will come next quarter when investors will be talking V-shaped recovery and there will