The brokerage said parallels from second wave pattern in 12 countries indicated that India is likely to see a peak in mid June and if one excludes Maharashtra, the country will see a peak in June end. The seven day moving average of daily case addition during the second wave in these countries peaked when reported cumulative infections hit a median level of 2.5% of the population in the respective country.
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» Second COVID wave likely to peak in India in June, says CLSA
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