Explained: Why stock market investors should remain cautious amid Omicron threat
India TodayDomestic stock markets have witnessed a spike in volatility over the past few trading sessions as investors remain worried about the overall impact of the Omicron variant of coronavirus. Market experts are worried that hasty decisions taken by countries to prevent the spread of the new Covid variant could ultimately end up hurting global economic recovery and markets. Read | Sensex, Nifty rise on strong Q2FY22 GDP growth STOCK MARKET CORRECTION LIKELY Experts tracking the stock market recently predicted domestic stocks to correct further as Omicron has added to existing issues such as higher inflationary pressure, possible hike in interest rates and global supply disruptions. EXPERTS ON FUTURE MARKET MOVEMENT The Indian stock market has made a remarkable recovery following the two previous waves of Covid-19, with Sensex rallying nearly 20% year-to-date.