Stock market cocks a snook at Covid-19 fears; Anil Singhvi says vaccine, liquidity, US stimulus hopes boosting stocks
There are two main reasons behind this, the Market Guru said – one is the hope around the vaccine and the likelihood of it coming to the market. The markets are not seeing a 2-3 month period, rather looking way ahead, he further said
Even in India, the cases have been on the rise forcing state governments to declare night curfews and lockdowns. The markets are not reacting despite the news around state borders getting sealed