The whole world has to suffer losses due to c, and the world economy too. During this pandemic period, sectors like IT, medical outperformed others in 2020, while several others outperformed. In the year 2021 too when pandemic second wave hits, investors are not nimble enough to make risky investments. The sectors of Indian economy that seem to be most at risk are tourism and hospitality. The importance of money in the pandemic period has become more realized as people have started taking low risks while investing.
Let’s explore the likely behaviour of some investments:
1- Healthcare sector
The top performer of the pandemic year 2020 was the pharmaceutical sector. It undoubtedly acted as a saviour for investors with significant returns. The hopes of this sector to continue gaining momentum not only in the year 2021, but also in the year 2022. There has been an ever increasing demand for life saving drugs, immunity boosting supplements. Also, the process of vaccination is at its full swing throughout the country. In short, the healthcare sector will continue to grow, therefore investors can back this sector without any doubt.
2-Telecom
During the pandemic period, Telecom has been the most important service sector during the global pandemic. It was the telecommunication sector who enabled all healthcare entities and the Government in establishing timely communication, tracking developments and implementing work from home and pacing up the economy.
3-FMCG
Challenges of Supply chain networks nationwide have created panic among consumers in 2020. The major concern which arose was related to essential commodities. Owing to the possibility of a third wave, consumers might start stocking over consumer based essential products. The uncertainty around the future of covid waves can create an uptick in spending by consumers on essentials that will increase the sales of FMCG companies.
4-Agriculture Sector
States have made it clear that the seeds fall under the essential category, and the agriculture sector is supposed to face a very low impact on economic growth. Due to current inventories of fertilizers, there will be no much impact on category except for port clearances and logistics in india.
5-Aviation Sector
Aviation sector figured out one of the adverse impacts in both first and second waves of Covid-19. The situation is supposed to be grim as restrictions are expected to rise continuously as there is a possibility of a second wave. Therefore, days are not good for the aviation and hospitality sector.
Conclusion
In times like COVID pandemic, investors need to wisely invest in good companies–Those with remarkable balance sheets, and those driven by market leaders. Such companies are well-rooted and are most likely to survive the storm. Keep giving value to your finances, and enhancing the importance of money in your life. For financial suggestions, and latest news keep in touch with us.
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