INSUBCONTINENT EXCLUSIVE:
ahead of the monthly expiry of derivative contracts, as investors looked past surging COVID-19 cases at home and focused on earnings reports
gains, their longest streak since early-February, even as confirmed COVID-19 cases in India rose above 18 million with a record rise in
infections and deaths over the last 24 hours."While it is a humanitarian crisis, there is no material hit to valuations and corporate
profitability from the surge in cases
Investors have learned to look through the situation after the needless panic early last year during the first wave," said Saurabh
Mukherjea, founder of Marcellus Investment Managers."Investors are now looking ahead to post-COVID-19 recovery
Economies across the world are roaring back to life and the expectation is that India will follow the same trend." Reliance Industries,
Times reported on Wednesday that Saudi Aramco has held talks with Reliance about a cash-and-share deal for a stake in its refining and
cent.Benchmark Nifty 50 components Bajaj Auto, Hindustan Unilever, and Titan Company are slated to report results later in the day
