It’s Rebound Time For Bourses

The equity markets are remarkably bullish over the positive trends, the continuing rampage of the Corona virus notwithstanding, stoking fresh optimism that we will bounce off the wave of negativity and hit the growth trajectory very soon.   Experts have even laid out a chart to help investors navigate through the pandemic that has run riots on the bourses for the last several months. “Investors are seeing the second wave as a short-term phenomenon and, going by the last year’s experience, not many of them are tempted to sell,” says Rusmik Oza, Executive Vice-President and Head of Fundamental Research at Kotak Securities. This year the pandemic is a known devil and factories are being allowed to function by the authorities. The unorganised and informal sectors may face some pain vis-à-vis the organised sector and companies have learnt to adapt to the new...