The global economy is witnessing a black swan event caused by the Covid 19 pandemic. To deal with the situation, a complete lockdown has been imposed in India. While businesses have shuddered to a halt, the Sensex has taken a beating amid the slowing economy over the last one month. Against this sombre business environment, survival of the fittest seems to be the investment mantra. Fundamentally strong companies with lean balance sheets are likely to survive this phase, while weaker ones may fall prey if they don't receive any government support.
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