 "U R Bhat, Andrew Holland, Neelkanth Mishra, S Naren, Unmesh Kulkarni")
The rapid rise in Covid cases over the past few days have triggered a panic-like situation across the country, with most state governments resorting to mobility curbs and weekend curfews. Markets, too, have reacted sharply to the developments.
The S&P BSE Sensex has slipped around 9 per cent from its 2021 peak level of 52,517 hit on February 16 to around 47,700 levels now. The mid-and small-cap indices, too, have been in the line of fire with both the indices slipping nearly 7 per cent and 5 per cent, respectively during this period.
Given the weak domestic cues, leading experts
