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11% of India's top companies above January highs on liquidity surge

India city Mumbai virus covid-19 outbreak
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Mumbai: Abundant liquidity injection has led to a pullback rally in stock markets and a recovery from the losses seen in March.

Despite bleak growth outlook, ongoing geopolitical tensions, uncertainty of peaking global and domestic covid cases along with ongoing trepidations regarding the return of labour back to urban areas, benchmark indices have seen a jump of 40% from the lows seen in March.Data showed that around 11% of NSE500 index which comprises nearly 97% of total market cap have surpassed their January highs after they sank to new lows in March.

Surge in these stocks may mean that investors are gradually building confidence in recovery of business growth as unlocking of the country started this month.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
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Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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