'You feel numb': India's markets keep rising as traders cope with Covid-19

Booming markets have left industry swamped with work at a time when many employees have been sickened by the virus.

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 315,000 -- 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