After a little over two months, the withdrawal of the world's most stringent lockdown, in a phased manner, cheered Indian stock markets.
As much of the economy gears up to reopen, supply chains and logistics will allow for easier movement of goods through the country.
Benchmark indices have soared, with the Nifty rising about 3% on Monday. While much of the revival hinges heavily on how soon consumption demand picks up, many sectors will beat a slow path towards normalisation in business activity.
The lockdown hit businesses hard in April and May. For instance, auto data in April showed demand slipped to even zero in some cases.