After suffering a lull, on account of the Covid-19 restrictions, those in the travel business are looking to bounce back on the back of a pent-up demand from domestic travellers during summer vacation.
The trend offers some succor to the tourism sector that saw business getting scorched by the pandemic. MakeMyTrip, for instance, is noticing up a 70 per cent rise in daily holiday bookings for the upcoming summer compared to bookings made for the winter in 2020. READ MORE
Given this, is it a good idea to buy travel-related stocks now? Here's what charts say.