What will be the impact of the COVID-19 second wave on the Indian markets?
While markets may be willing to look past the second wave’s economic short term economic effects, the bigger risk is investor bearishness for the EM grouping
April 15, 2021 / 09:47 AM IST
India reported a record single-day rise of 184,372 new coronavirus infections, taking the total number of cases to 13.87million and deaths at 0.17 million. Experts say the numbers are likely to continue to rise before they taper. Many states, including Maharashtra, have imposed extra measures to restrict mobility to prevent the spread of the virus.
In February 2020, when the first wave of the coronavirus resulted in lockdowns across the world, it rattled financial markets. The fear is whether markets...