Bulls retreat further as Covid cases go up

The daily count of coronavirus cases in India has crossed 50,000 for the first time in five months. While overseas investors have stepped up selling of local stocks on account of rising infections, a strengthening dollar and elevated bond yields in the US, the cautious sentiment is reflected in the shrinking premiums of soon-to-be-listed companies in the unofficial grey market.

from Markets-Economic Times https://ift.tt/3u8DFD5