23 Dec 2021

“Omicron was the only fear for markets. Once they know it is not severe, market recovery is likely possible because corporate earnings are going to be very good with crude and commodity prices cooling off. Margin expansion is likely. This correction was an opportunity to buy. The fears of a third wave of COVID-19 have mellowed down, which is positive for markets.”

www.reuters.com/world/india/indian-sha...
Type of Source: News

AK Prabhakar

   Researcher, Analyst

Head of research at IDBI Capital

Contexts (to suggest a new Context click here)

Covid-19 - The new variant Omicron - Indian markets

India economy

Indian markets