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‘Covid pandemic has resulted in valuations higher than in 2008’

Japan Usa India Spain pandemic crisis Coronavirus
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₹2.33 trillion, largely belonging to 6,740 families.The company, which started in 2008, is the only pure wealth management firm listed on the stock exchanges, with a market cap of around ₹10,300 crore.Mint spoke to the two senior wealth management professionals on the equity and bond markets and the emerging trends among high networth investors.Edited excerpts:What is your outlook on equity valuations?Anirudha Taparia: The entire world, from Europe to the US to Japan, has been printing money.

The last time the world saw a crisis like this was during the Spanish flu. The novel coronavirus is unprecedented and has resulted in valuations higher than in 2008.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
People over State Pension age with long-term health issues could be due up to £1,319 each month
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