- Junjunwala says there is no need to be afraid of the third Kovid wave
- Preparations are needed but there will be no significant crisis
- The stock market will continue to gain despite minor corrections
No one was expecting the Kovid Third Wave. But now everyone is expecting a third wave so there is no need to worry about the recession that may follow the third wave. He says the total number of vaccinations in India as on June 20 had crossed 28 crore.
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Jhunjhunwala made it clear that the third wave would not be significant. Everything on social media is about threats about the third wave. But he also reminded investors that the Indian economy is strong enough to overcome any crisis.
We must be careful with all preparations. But the third wave is unlikely to affect as much as expected, and the stock market will also move forward as expected, he added.