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Analysts price in economic impact of second COVID wave: Here are 14 stocks for stable returns

If the second wave of COVID-19 extends beyond May-end, the hit on economy and corporate earnings could be worrying, experts say. They name 14 stocks with strong fundamentals to look at for long term

April 30, 2021 / 11:10 AM IST
Economy

Economy

 
 
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The partial lockdowns and restrictions announced by various state governments to curb the spread of second wave of COVID-19, are likely to have some impact on the economic growth.

Analysts have now begun to discount some cuts in GDP growth and in corporate earnings.

Rating agency ICRA on April 28 revised down its forecast for India's GDP to grow by 10 to 10.5 percent in 2021-22 from the earlier projection of 10-11 percent.