Even before Russia invaded Ukraine, the Equity markets in India as well as globally had been extremely volatile due to the existing demons: Supply issues leading to lower volumes and contributing to Inflation; Crude oil at elevated levels of above $90; expensive valuations and ofcourse expected rise in Interest rates globally (Albeit, RBI has iterated that it will prioritize growth over inflation). We have exclusively discussed these factors earlier and will not dwell into it further.
Ukraine crisis and it's effect on the markets
Ukraine crisis and it's effect on the markets
Ukraine crisis and it's effect on the markets
Even before Russia invaded Ukraine, the Equity markets in India as well as globally had been extremely volatile due to the existing demons: Supply issues leading to lower volumes and contributing to Inflation; Crude oil at elevated levels of above $90; expensive valuations and ofcourse expected rise in Interest rates globally (Albeit, RBI has iterated that it will prioritize growth over inflation). We have exclusively discussed these factors earlier and will not dwell into it further.