THE DOOM AND BOOM OF BULLS AND BEARS – Issue #02

The economy grew at 4.1 percent pace, which is slightly faster. Indian economy is out of recession. The focus on increased spending on the infrastructure sector could have a multiplier effect on the economy. Higher yields reflect increasing optimism about global economic recovery. Yet, the fear of rising inflation could pose a dilemma to the Central Bank. The pandemic remains a trigger for the pharma sector.