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Stock Market: After a broad-based rally, is it time to turn stock specific now?


How are you advising your clients to navigate the equity market in light of the resurfacing fears around Covid and how would you term this volatility that we have been seeing over the last couple of days?
The Covid fears have resurfaced in the global context but as far as India is concerned, COVID fears have been abating for quite some time. There was a fear during the festive season that post festive season there would be an increase in the number of cases. That has not happened.
In fact, the number of active cases in the country is almost 30% of the peak levels. We have seen 10 lakh active cases at one point of time, today we are at less than 3 lakh active cases. The second wave of coronavirus has also not taken place to that extent in India. As far as we are concerned, there is some good news on the vaccine front. Corona spread has not been as severe as what was anticipated earlier and overall it seems to be well under control. ....

Harsha Upadhyaya , Kotak Standard Multipcap Fund , Kotak Standard Multicap , Standard Multicap , ஹர்ஷா உபாதியாய ,