The true picture of damage by the Covid-19 second wave will only be visible in the June quarter results but until then, management commentaries will continue to guide Dalal Street
With global macros finding a grip amidst the pandemic, domestic benchmark indices may continue to dilly-dally in the near term
The Nifty Metal index managed to deliver 240% gains since March-lows last year, outperforming leading sectors throughout
The focus of RBI has been towards providing assistance to those requiring the most critical assistance
While the institutional players are busy picking a side in the markets, retail investors are weighing upon Q4 results and are taking stock-specific positions
Indian bourses remained turbulent as India VIX surged over 11% due to rise in Covid-19 cases
With major Indian cities facing partial lockdowns, markets may continue to remain unstable at least till the uncertainty on the rising cases front subsides
Even though the monetary policy missed aggressiveness, there was not much the RBI could do considering the current economic environment
Investors are advised to remain invested even though FY22 can be a volatile year with Covid’s low base effect lasting at least till the first half
Benchmark indices across the globe are moving in tandem with one another and are witnessing pressure from macros