Indian stock markets were solid today amid positive global stocks after Federal Reserve Chairman Jerome Powell sounded less aggressive than expected in a congressional testimony. Indian markets are busy for the fourth straight session despite a spate of covid cases. According to the latest data from the Union Ministry of Health, India has added 1,94,720 new coronavirus infections, which includes the total number of COVID-19 cases, including 4,868 cases of the Omicron variant. “While Omicron cases are exploding in Europe and the US, the market message is that it is a manageable risk. “The expected good results from today’s three IT majors are likely to give the market resilience.

Source: Mint January 12, 2022 10:50 UTC