Sell stocks and go! Difficult to predict when the market carnage will end

Most leading brokerages - domestic and foreign - are already sounding cautious as regards the economic impact, and see the world economy heading into a recession

The coronavirus health scare caught the world off-guard and has completely roiled equity markets over the past few weeks. The precipitous fall in global equities since the first case came to light in late 2019 has already ended the bull-run in many stock indexes over the globe, including in Dow Jones Industrial Average (DJIA), which saw its 11-year bull-run punctured. Indian markets, too, succumbed and entered bear terrain, which is typically defined as a fall of 20 per cent or more in an index or a stock from the top.

The developments have made analysts wary, who say it is difficult