2020 has been a year of unprecedented volatility, starting from the problems in West Asia led by Iran, following up with China Coronavirus, Union Budget, breaking of OPEC-controlled oil prices and the subsequent spread of virus from China to other countries, leading to a World Health Organisation (WHO) declared pandemic. The effect of all these events has led to a massive dent in sentiment and global markets have corrected sharply.
From a global perspective, there is an expectation that economic growth will take a big hit, as countries lock down to control the spread of the virus. Global equity markets are