I firmly believe that after comparing Nasdaq all-time high levels and Nifty levels, Nasdaq has dropped from 18,671 levels to 16,776 levels due to recession fear, even European countries are experiencing recession fear and markets are collapsing, even Nikkei we saw downtrend, where else if we compare the same with Nifty we are near all-time highs despite recession fears, and I believe FII has pulled there money from US and European markets and will start pumping in emerging markets.
Understanding the causes, effects, and avoidance of recessions
The world is experiencing many challenges in the wake of 2019 Covid. Life before and after COVID has undergone a significant transformation. The World is dealing with two blows at once. Different nations are experiencing problems with their economies and health. Many nations develop and put into practice various measures to restore order and get the economy back on track.
The majority of developed nations, however, are expected to experience a recession, according to a recent survey. The US, the UK, New Zealand, the Philippines, China, etc., could experience a recession in the upcoming year. The survey did state, however, that there is essentially no danger of a recession in India. After breaking through the barrier of 80 Rupees to the dollar, India’s currency has experienced an all-time low. However, Bloomberg research stated that there are very few odds of a recession in India. According to the analysis, India’s chances of entering a recession are virtually negligible, but wealthy nations and continents like the United States, the United Kingdom, New Zealand, and a few other European nations will be at risk.