India’s benchmark BSE Sensex fell 1.7% on Wednesday, falling for almost a month. As the Kovid caseload grows and new and possibly more infectious strains of coronavirus are discovered, investors appear to be concerned. With the center ordering states to impose restrictions on large festival gatherings, there is a possibility of blocking barriers such as lockdowns.
Global queues have also weakened. Mass immunization drives are struggling to bring new energy infections across Europe, Brazil, the US and Turkey. In India, we are at risk of double vomiting. West’s approach to the ultra-easy money boomerang is not only a threat to our economic recovery, but also to the collapse of our stock market boom. It’s not just investors who need to be highly vigilant.