India, Jan. 6 -- The year 2020 was one of lost lives, livelihoods, businesses and shattered economies. However, the new year has brought the hope that the march of the virus would be contained through mass inoculation and result in the global economy recovering from the onslaught of the contagion. Usually, fiscal recovery is led by a revival in the stock markets and the bourses show improvement much before the actual economic upturn. This is because stock prices are forward-looking and investors buy scrip based on their expectations of the future and not on past data or present information. So what do the bourses have in store for us this year?
Both the benchmark indices, Nifty 50 and the BSE Sensex, started the year with a bang, ending on...