Stock prices are a leading indicator and employment trend is a lagging pointer to a sectors health. An ET Prime study of listed companies from banking, commodities, auto, software, and pharma spots a strong correlation between employment and stock-price movements. The steep stock price decline in FY20, particularly in March, indicates a tough time for employment in FY21.

China-based student Kem Senoua is the first African known to have contracted the virus - he spoke to the BBC.