Thank you kipling,Kipling wrote:Dear Samaritan
Noted & Thank you.
2 questions.
Can we see 7000 end 2020?
Is 10,000 - 12,000 on the cards for 2021 given the enormous positives on the way.
Thank You again.
I too was hoping that ASI would break 7000 by year end and subsequently amended the expectation to 6900. The second wave of covid caused some setback. However, the good news is it has been brought under control with decline in deaths and higher recovery rates despite increase in new cases. The impending holiday season is likely to see lackluster activity in the CSE till year end.
In the meantime the MCC compact has been rejected by the Govt without any re-negotiation, which in my opinion signals that there will be large FDI inflows from China in 2021. Based on this i am optimistic that 2021 will witness robust growth in the CSE.