Analysts bet on larger players in travel & tourism space post RBI's support

In a bid to alleviate the adverse impact of the second wave of the pandemic on "contact-intensive sectors", RBI governor Shaktikanta Das announced a separate liquidity window of Rs 15,000 crore

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As per industry body CAPA, Indian airlines are expected to post a consolidated loss of $4.1 billion this fiscal

Nikita Vashisht New Delhi
The Reserve Bank of India (RBI), on Friday, announced a Rs 15,000-crore liquidity window for sectors hit hard by the Covid-19 pandemic, especially in the second wave, including travel, tourism, hotel, aviation, and salons. The move, analysts say, could be the first among the many steps that the central bank may announce.

Following the development, shares of hotels, restaurants and its related business companies rallied up to 10 per cent on the BSE in intra-day trade.

Among individual stocks, Indian Hotels hit a fresh 52-week high of Rs 143.75, up 6 per cent on

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First Published: Jun 04 2021 | 1:56 PM IST

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