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Can the Fresh Threat of COVID-19 Push Indian Equity Markets Down and Cause Wealth Erosion? Feb 23, 2021 Despite witnessing some consolidation in the past few days, the Indian equity market continues to trade at all-time high levels. However, amidst the exuberance, there are reasons to be cautious about your investments. Here is why. Even after a year since COVID-19 began to spread India and the world continues to reel under the impact of the pandemic. Countries such as USA, Brazil along with many European countries have seen no respite in curbing the virus yet. On the other hand, after reaching a peak of nearly 1 lakh new cases in the month of September, India witnessed a massive drop in cases in the subsequent months. But this success wave hasn t lasted long, on Sunday, India added 14,199 cases, making it the fifth consecutive daily jump. ....
12:30 pm After staging a gap-up opening, Indian share markets witnessed positive trading activity throughout the day today and ended on a strong note. Benchmark indices extended their winning streak into sixth straight session with both Sensex and Nifty ending at record closing highs. At the closing bell, the BSE Sensex stood higher by 617 points (up 1.2%). The NSE Nifty closed higher by 192 points (up 1.3%). - Advertisement - COVID-19 has triggered a fundamental shift in the global economic and geopolitical map. This reshuffling of the geopolitical map is just ONE of the forces fuelling the great Indian revival. A revival that will restore the power, wealth, and influence we once enjoyed. ....