Market Review – 16.11.2021

Govt. allows quarantine free travel to fully inoculated tourists from 99 countries…Positive for Hotel & Entertainment Stocks – Lemon Tree, Indian Hotel, Delta

Expects positive for hotel and Entertainment stocks (Lemon Tree, EIH, Indian Hotel, Delta) after the government allows quarantine free travel to fully inoculated tourists from 99 countries. After stopping tourist visas in March last year, India is now allowing quarantine-free entry in the country for the fully vaccinated travelers from 99 reciprocating nations. The government only requires such travelers to monitor their health for 14 days after arrival.

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