Read more about You feel numb : India s markets keep rising as traders cope with Covid-19 on Business Standard. Booming markets have left industry swamped with work at a time when many employees have been sickened by the virus.
(Bloomberg) As Covid-19 continues to ravage India, financial professionals across the country are grappling with an increasingly surreal disconnect between the epidemic’s devastation and a record-breaking boom in local markets.The world’s worst coronavirus outbreak has battered India’s economy and lifted its official Covid death toll to more than 318,000 a figure that experts say is likely a significant undercount.And yet investors continue to snap up Indian assets, fueling a 65% rally in the Nifty 50 Index over the past 12 months that has outpaced every other major equity benchmark worldwide. The measure’s surge to a record on Thursday has coincided with the fastest rate of Indian initial public offerings since 2017 and an unprecedented flood of foreign-currency bond issuance by local companies.While the combination of pandemic pain and financial-market euphoria is hardly unique to India, nowhere else has the contrast been so extreme.Bulls say the gains
India Business News: As Covid-19 continues to ravage India, financial professionals across the country are grappling with an increasingly surreal disconnect between the ep
Disconnect grows in India between Covid-19’s ruination and record high markets Investors continue to snap up Indian assets, fuelling a 66% rally in the Nifty 50 Index over the past 12 months 28 May 2021 - 13:28 Nupur Acharya, Divya Patil and Baiju Kalesh India is experiencing a huge surge in Covid-19, one its health system cannot cope with. Picture: BLOOMBERG/REBECCA CONWAY
Mumbai As Covid-19 continues to ravage India, financial professionals across the country are grappling with an increasingly surreal disconnect between the epidemic’s devastation and a record-breaking boom in local markets.
The world’s worst coronavirus outbreak has battered India’s economy and lifted its official Covid-19 death toll to more than 318,000 a figure that experts say is likely a significant undercount.
Updated Feb 24, 2021 | 06:07 IST
Grade A officers are most premium in the segment and are valued based on their location and facilities. The segment has attracted equity investments of $15.4 billion in the last decade Commercial real estate weathered Covid-19 well. Is it good time to invest? | Photo Credit: Thinkstock
Investing in real estate is a serious business owing to big-ticket nature of investments involved. Old school Indian investors still consider real estate investments at par with physical gold owing to the perceived tangible nature of these two assets.
However, the residential real sector has created a lot of wealth for investors especially post 1991 reforms but has been in troubled waters for the past few years.