When will the pandemic peak in India?
Dear Balbir Singh Sooch,
The stock market can fox the canniest. And it’s a puzzle to many why the global markets have rallied in a recessionary environment. The International Monetary Fund (IMF) has now sounded a warning. It believes investors are betting on “continued and unprecedented support by central banks” to financial markets and are ignoring the depressed state of the global economy. In other words, the surge in stocks may not be backed by fundamentals.
So, while some quality stocks may appear to be available at bargains, investors on Dalal Street, too, may do well to be cautious, and perhaps think slightly long-term. Patience can often be a virtue in the stock market – it has been amply demonstrated by the iconic Warren Buffett over the decades.
Our bouquet of stories this week kept you abreast of the undercurrents in the stock market, and much more, across sectors. Here’s a handpicked collection for your Sunday reading.     
When will the pandemic peak in India?
Will the pandemic peak in July or August? Delayed reporting and evolving testing strategy impact the conclusion.
Maruti’s road to recovery is laden with challenges
Maruti sees V-shaped recovery in auto sales. But high prices, low affordability pose challenges.
Value investors can find great ideas in small-caps
Small-caps are better placed than the 2013 situation. Returns may follow soon.
The country can’t afford a loan waiver for industry
Loan-waiver demands for the industry are unrealistic. India, and its banks, can’t afford it.
Airtel Xstream Stick misses on tech play
Airtel Xstream Smart Stick scores on content. But lack of robust tech is playing spoilsport.
Regards,
ET Prime Team