India’s Virus Curve Trending Down, Economic Recovery Curve Flat: Nirmal Bang
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Nirmal Bang Report
In the first fortnight of December 2020, India’s virus curve turned downward.
The number of active cases declined by 24% during the fortnight. The number of deaths was down by 12.5%.
The New Delhi traffic congestion index improved marginally while Google’s mobility indices for workplace and public transport witnessed significant improvement. Movement for retail and recreation was flat.
Movement for essential activities (grocery and pharmacy) remained flat but in positive territory. Both, urban and rural unemployment sustained the worsening trend from the previous fortnight.
However, overall rural economic activities seem to be holding up.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.