Markets will look past Omicron scare and move higher: Analysts

Back home, India has logged 653 cases of the Omicron variant of coronavirus across 21 states and Union Territories so far. Of this, 186 have recovered or migrated, official data suggested on Tuesday

It has been a volatile phase for the equity markets over the past few sessions as they grapple with multiple headwinds, including the policies of various global central banks amid the rising Covid cases (Omicron variant). Indian markets, too, have been no different and have performed mostly in line with their global peers.

Any further serious spread of virus and contraction of the global economy through lockdowns, G Chokkalingam, founder and chief investment officer at Equinomics Research believes, would certainly lead to slow or even postponement of reversal of monetary policies by the major central banks. That said, he believes