With three experimental Covid-19 vaccines showing promising signs and the stock market hitting new record highs every other day, is the uncertainty behind us? Not yet, warns Shyamsunder Bhat, who is a long-term investor in domestic equities as the Chief Investment Officer of Exide Life Insurance. He says the launch of a vaccine will not solve the problem immediately for investors. “Not just the vaccine launch. The market will wait for a few months to see the efficacy of the vaccine before concluding if the uncertainty is behind us or not," Bhat said.
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