Green Stocks April 7- Stocks Endure Another Trump Induced Rout

As what is primarily a US-China slugfest continued, stock markets around the world bore the brunt, dropping by 4% to 13%. India’s Indices had it relatively easy, coming in among the few to drop less than 5%. If that sounds like a win, then the performance of India’s green energy stocks versus Chinese giants listed at US or Chinese stock exchanges is even more cold comfort, as stocks of storied firms like Jinko Solar and Longi dropped 8-12%.

While it seems pointless to read anything much in the corrections today, what will worry investors is the space for a further drop, going by the initial collapse in prices we saw in the morning, before what has to be called a strong recovery pulled stocks back to their closing prices today. The situation remains fluid, but for stocks in our pack, a strong Q4 beckons for most, and the sooner those results come in, the better it is for them to hold up swooning prices. Not the right time to buy yet unfortunately, and probably a very poor time to sell if you have to.