Economists are of the view that though the fourth quarter growth number was better than expected the road will be bumpy in the current fiscal. The Telegraph file pictureInvestors will be happy at the opening up of the economy from Monday but market mood would be volatile on account of the disappointing growth data and tensions between the US and China, analysts said. Economists are of the view that though the fourth quarter growth number was better than expected the road will be bumpy in the current fiscal. “Looking ahead, we expect GDP growth to plunge to -18.2 per cent year-on-year in the second quarter (April-June). Economic data and its commentary, and the new lockdown norms, based on the spread of infections, can have an impact on the markets,” Vinod Nair — head of research, Geojit Financial Services said.

Source: The Telegraph May 31, 2020 18:56 UTC