Covid attack in parts of the country, particularly in Maharashtra. But, going by experiences this is unlikely to impact the market much.
The second wave in the US and Europe, much less in intensity, didn't impact markets. In brief, "Advantage Bulls". FIIs are likely to resume buying in the days ahead.
For retail investors, there is buying opportunity in quality financials, telecom and IT," he added.India today recorded 35,871 new COVID-19 cases, the highest single-day rise in over 100 days, which took the infection tally to 1,14,74,605, according to Union health ministry data.Angel Broking in a note said that 14700 which is a crucial point now for Nifty and a breach of this could then lead to a continuation of price wise correction towards.