[Of this] roughly, 25% comes from global commodity sectors like metals & mining and oil, gas & consumable fuels, another 13% comes from global services sector, which is IT services, and another 2% from pharmaceuticals , which is also largely global in nature. So, 40% of the net profits of the Nifty-50 Index actually come from sectors which are global in nature. So they should be fine assuming there is no major global demand destruction.
About The Author
