for courts to politicians are trying to score points of lower prices.
Unless we leave some money on the table for entrepreneurs and risk takers, in future there will not be any vaccine manufacturer.
Right now, priority should be
super fast vaccination campaign and govt should spend on it as much as our budget for NAREGA or some other subsidy
As cost of not vaccinating "everyone" is too high for our country and economy
Those who can afford it, should come forward for paid vaccine at market price
as determined by manufacturer and there should be an App where people can sponsor / donate for vaccination for weaker section of society (with proper tracking with aadhar)
Also in parallel Govt should run free vaccination camps roping in all govt machinery for quick results
Market crashes, when almost no one is expecting it to crash.
Right now, 30% guys I speak to, are expecting a sharp correction.
So at best it will consolidate here or time wise correction. Crash won't happen.
So side ways movement for next 2 months?
Another way a sharp correction can happen is event driven Like lehman / ILFS collapse
That, imho can happen any day in India or globally.
So many bankruptcies are being filed, it will have cascading impact on financial sector.
Just a thought, LEHMAN collapse happened in September 2008 and NIFTY took nose dive from 4400 to 2200, a 50% correction in 50 days. Less than two months. Made a low in Nov 2008.