 "Earlier, analysts were warming up to these stocks after Covid-19 cases had reduced considerably in the country and vaccination drive had begun")
Investments amid Covid-19 second wave in India: Even before completing one year of Covid-19 lockdown, announced on March 24, 2020, India is seeing Covid-19 related restrictions including night curfews across various states, and mandatory institutional quarantine after inter-state travels back in place. In a recent turn of events, the Bombay Municipal Corporation (BMC) on Friday ordered mandatory negative (COVID) test reports for mall visitors in Mumbai.
Amid this, sustainable recovery in stocks related to malls, multiplexes, quick restaurant services (QSR), and aviation is still some time away, say analysts, who believe that investors will be better off if they avoid
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