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Fresh COVID-19 restrictions to hurt travel, hospitality sectors

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Hotel and cinema stocks are back in focus on the back of fresh COVID-19 restrictions. The government says the restrictions are on account of the new COVID strain in the United Kingdom.

Hotel and cinema stocks are back in focus on the back of fresh COVID-19 restrictions. The government says the restrictions are on account of the new COVID strain in the United Kingdom.
Another reason given is to curb the risk or transmission that may happen during the revelry that may ensue during the last week of this year with Christmas as well as New Year.
The Maharashtra government has imposed a curfew between 11 pm to 6 am and as a result of which the street believes that the bigger loss would accrue to the cinema-goers because the late-night shows will not see footfalls.
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CompanyPriceChng%Chng
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CompanyPriceChng%Chng
ICICI Bank676.65 20.70 3.16
ITC212.40 5.40 2.61
Wipro599.15 14.95 2.56
SBI Life Insura1,050.45 24.45 2.38
SBI428.90 6.85 1.62
CompanyPriceChng%Chng
ICICI Bank676.65 20.85 3.18
ITC212.35 5.30 2.56
SBI429.15 7.15 1.69
HCL Tech994.25 15.65 1.60
Axis Bank755.25 8.75 1.17

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