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For Indian stocks, 2nd covid wave is not deadly yet

India 2020 vaccine Waves
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Mint analysis of stocks in the Nifty500 index showed that more than 400 stocks have risen more than 50% from their March 2020 lows, and 247 stocks have rallied more than 100%.Besides the feel-good factor from global markets, investors are hoping that India’s central bank would keep its accommodative stance longer, given the risks from the second wave.

The minutes of the Reserve Bank of India’s (RBI’s) April policy show that members of the monetary policy committee are very worried about growth. “We feel RBI will be as accommodative as possible for the foreseeable future.

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India pandemic information Waves
COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
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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