Indian shares slipped on Thursday, with declines seen across most sectors after monetary policy minutes revealed strong concerns about elevated inflation, while fears about rising COVID-19 cases in China weighed on sentiment.
extended gains for a second consecutive session. India's health minister on Wednesday said the pandemic was "not over yet" given "the rising cases of COVID-19 in some countries".
"Healthcare, diagnostics and all pharma-linked stocks will be in focus over the next few days due to the re-emergence of COVID-19 cases in China, which has led to worries elsewhere," said Siddharth Khemka, head of retail research at Mumbai-based Motilal Oswal Services.Wall Street equities advanced sharply on Wednesday after data showed thatAsian markets also advanced after the bounce in U.S.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
COVID Isolated People. Long COVID Makes It WorseThere's no question that COVID-19 cut people off from one another -- but for those who have long COVID, that disconnect has never really ended.
Read more »
COVID tally: COVID-19 hospitalizations are 11% higher than they were two weeks agoThere are about 40,000 COVID-19 hospitalizations in the U.S., a figure that is 11% higher than it was two weeks ago, according to the most recent update of a...
Read more »
Corporate China struggles with supply snags as COVID cases spreadAs China's massive wave of COVID-19 infections begins its march across a country roughly the size of Europe, the ripple effect on business is accelerating.
Read more »
Hearses queue at Beijing crematorium, even as China reports no new COVID deathsDozens of hearses queued outside a Beijing crematorium on Wednesday, even as China reported no new COVID-19 deaths in its growing outbreak, sparking criticism of its virus accounting as the capital braces for a surge of severe cases.
Read more »
India steps up Covid surveillance after China surgeThe government has instructed states to ensure genome sequencing of all positive cases in the country.
Read more »
U.S. hopes to see China defeat current COVID outbreakThe United States on Tuesday indicated it stands ready to assist China with its surging COVID-19 outbreak, warning that an uncontrolled spread there may have implications for the global economy.
Read more »