HIGH AND MIGHTY BEARS – Issue #03

Worries over a second COVID wave and weak global cues dragged the indices over a percent in this month. The weak global cues and fast-spreading second wave of COVID in India may impact the market to remain under pressure in the near term. Foreign investors remained net sellers in the cash segment of the Indian equity markets. FPI poured Rs.22,300 crore this month into Indian equities taking their total inflows to 2753.1 billion as of March 24, 2021.