5 ways to deal with market panic

Coronavirus has created unprecedented havoc in the lives of the people. Equity markets too have plunged dramatically. Dhirendra, a very pertinent question that comes to my mind is-what happened? Dhirendra: Panic and panic for understandable reasons. It is not on account of fictitious reasons. It is rooted in the fact that this virus has implications for the economy in general and for companies in specific. It is not just about people not going to schools, cinema halls, shopping malls or consumers not consuming enough. It's not limited to that. The thing is that the virus is still playing out and we don't know how long this situation will linger on. It is very difficult to anticipate that. Also, it is just not about how many people are dying, it is also a matter of how many businesses are prepared to deal with something like this which has huge economic implications. And this is going to affect companies. If people are going to remain indoors, or if they are discouraged to travel, that itself will have a huge impact. Because people have to make a living and businesses have to run. This is a big derailment across the globe. We are just beginning to see some cases in India and we don't know how it expands. And even if we are able to control it, business

This article was originally published on March 20, 2020.