 "In case of hotels, even though the lockdown is fully lifted, occupancy improvement would take time")
Domestic equity markets have turned extremely volatile over the past few days as investors grapple with record Covid-19 infections in the country and fars of subsequent derailemnt of a fragile economic recovery.
So far in the month of April, the benchmark S&P BSE Sensex and the Nifty50 indices have cracked 3.2 per cent and 2.5 per cent, respectively as India's new Covid cases soared from 72,115 as on March 31 to 160,838 as on April 12. On Monday, the Sensex fell 1,708 points, or 3.4 per cent, to end the session at 47,883 -- the lowest close since January 29
