All this takes us towards the travel and tourism industry of the country that is even considered being as an important contributor to the economy.
The industry has been hampered the most in the past fiscal year as the uninvited guest – Covid-19 checked in and has dented the economic aspect of the sector.
However, the relaxation post the second wave could boost the industry as tourism starts but the dent which has already been occurred needs proper invasion and aid from the concerned department and time to restore.
In this case, the listed companies like Mahindra Holidays, Indian Hotels, Lemon Tree and EIH are likely to see improved valuation and even on technical charts these stocks look promising.
As the various industries related to travel and tourism are expected to grow drastically as India is gradually reaching towards its vaccination drive.
As the world of tourism restarts post the Covid-19 pandemic, one should not be carefree as this might lead to the third wave and hence cautiousness should be maintained even after the world reopens itself.