Covid-19: Curious Case of Rebound in Indian Equities from March Lows Despite Recession Fear
New Delhi (Sputnik): Global agencies like the World Bank have projected a negative growth rate for India in 2020-21. Despite macroeconomic fundamentals being hit by the pandemic, the Indian equity markets are skyrocketing. Bombay Stock Exchange’s Sensex has gained 10,000 points from March lows caused by the pandemic.