If the lock-down is extended, then the economic system will create havoc

- Consumer manufacturers and exporters' associations including apparel, engineering goods and electronics in the country have announced that production units should resume soon. If exports from India fall, other countries will take advantage of it

What if the lockdown is extended? The idea is to just shake. Corona's effects during the economic downturn have broken the country's economic backbone. Everybody knows that there is no direct start to the markets once they open. The congestion and rising Sensex of markets is not a barometer of the economic status of markets. Industry organizations have unanimously cautioned the government against further prolonging the 3-day lockdown, which ends April 7.

Exporters of the country will have a big blow if the lockdown is prolonged, a letter written by the trade body to the Ministry of Commerce said in the last two days. Apart from the increase in the loss of exporters, it has also expressed concern that other countries will not feel the same way in traditional markets.

Consumers of goods manufacturers and exporters including apparel, engineering goods and electronics in the country have announced that production units should resume quickly. If India's exports from India fall, other countries will take advantage of it, he said.

Exporters in India should have the opportunity to fulfill their previous pending orders before factories are resuming in China and they can quickly begin to vacate their stocks, a Confederation of Indian Industry (CII) official said.

The CII has supported the movement of some industrial areas and special economic zones to be raised as quarantined zones to keep production activity intact. While the trade season is busy for April-June exporters, Indian markets cannot afford to move to others, said an official of the Engineering Export Promotion Council of India.

India's merchandise exports account for 5% of engineering products exports. He added that foreign buyers should be persuaded to wait a month, but they should not wait for longer. Global Prime Minister Narendra Modi's hint that lockdown may continue after April 7, Global brokerage firm UBS said in the wake of the lockdown, economic instability in India is on the rise and on the other hand, the NSE's Nifty Index 3 will fall to the bottom.

If the lockdown is extended in India, then there will be an economic disaster. India is likely to continue its economic upheaval by August-September due to the lockdown situation. Due to this adverse situation, the profits of listed companies are expected to fall by more than 5%.

On the other hand, India's GDP growth will also come down to the bottom. Thus, due to this adverse situation, the Nifty is likely to fall further by 3 to 5 percent in the coming period. According to market-informed circles, the Indian industry is constantly catching the attention of the government and according to market-informed circles, there seems to be an indefinite period of movement in the Indian equity market. There is no prediction for corona virus in the country and in the world. The government's math for lockdown will be hugely challenging next time.

Any adversity that may arise on this issue will see greater pressure on the stock market. The rise in the number of Corona infected people in India and its impact on the economy is worrying. During the past month, the market has seen significant correction. Until the new Corona case is controlled, the next time will be extremely challenging for the market. Any adversity that may arise on this issue could create more pressure on the stock market.

Apart from this, players are also keeping an eye on Brent crude's price fluctuations, the dollar movement against the rupee and the flow of investment from foreign investors. The general view is that raising a lockdown is not easy. Thus, after in-depth discussions at various levels, the central government will take a final decision on lockdown.

The lockdown case is stuck between now and then

Fear of recession pervades the atmosphere. The government also knows that if the lockdown pulls too long, the business will suffer a serious blow. Yesterday Osochem told the government. India needs $ 5 billion to settle down. Immediately after the lockdown opens, markets will have to pump $ 200 million and if it does, the economic system will remain a little stagnant. There are many challenges to the government. The lockdown case is stuck between now and then.