Why Indian Stock market going up in Covid 19 - 2nd Wave ?? scenario?

In general, people are thinking all businesses are affected due to Covid and all companies will be facing losses.

But in reality, what is happening? Will go by Sector Wise....

Pharma ????

After Covid, Pharma sector got huge benefit, that need not to be explained. Everyone can understand by themselves

IT Sector ??????

IT sector are doing very good because of very less expense due to work from home. All the projects are getting completed without any issue. Companies started making huge profits.

FMCG ??????????

All FMCG products are continued to sell in big volume especially during lockdown period. This sector is not affected by covid at all. Infact, more sales in sanitizing products.

Metal ??????

Gold & Silver:

• You know what happened. Any crisis, gold price will shoot up. All companies which dealing with gold got benefited.

Steel, copper and alloy:

• Immediately after lockdown, every where sudden demand in raw metal requirements which leads to price increase. Now most of the metals and minerals are trading in life time high.

Auto sector ??????

• After lockdown, people realized that the travelling in public may lead to virus spread. People who can afford where buying car, bike, etc. Automobile got sudden spike in demand. All industries related to automobile got benefited.

Oil and Gas ????

• During lockdown, crude price crashed and all oil and gas companies stored as much as possible. But we have not seen any petroleum products price cheaper. Eg. Petrol, diesol etc. Infact, we are paying more than precovid price.

Financial ??????????

• Financial companies are got effected only because of increasing NPA. But once the companies started recovering the initial loss and making profit, things will be settled down.

Telecom ??????

• After covid, all school, office activities are happening using mobile, internet etc. Which leads telecom to perform better.

Power and engineering ????

• During lockdown, especially engineering sectors got affected and now things are getting better.

Amusement and entertainment ??????

• Most affected sector is amusement parks and theatres. It will be affected till improvement in covid scenario.

Conclusion:

• Most corporate companies are doing well even after covid. Infact, lot of companies got benefited. 
• Most affected - common people, MSMEs, street vendors and daily wages.
• Now you may be convinced why Nifty is trading near all time high.