BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
In India, workplace mobility data, after witnessing improvements in May June 2020, has started to worsen in July 2020 (probable reason being more widespread increase in Covid-19 cases).
Overall, the traffic rebound on an aggregate basis continued to remain weak (approximately 30%) as South and West regions continue to be most affected due to increased spread of the pandemic.
In terms of major metros, Delhi witnessed a healthy recovery in traffic movement as new Covid-19 cases have witnessed a downward trend, while Mumbai/Pune are recovering more modestly.
On a positive side since reopening, Google search queries on auto and vehicles has reached to similar to pre-covid-19 levels (indicating stabilising interest).
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