Domestic equity markets largely moved in a range and consolidated during the week ended 23rd July 2021. Globally, the trend of rise in COVID cases on account of the delta variant, especially in UK and Asia and inflation concerns are some of the key risks that the market is grappling with. However, data shows that while there has been a rise in the Covid cases globally, for countries with higher proportion of vaccinated population, the incidents of death and hospitalisation have so far been low.
