Markets were nervous and highly volatile on the back of global tensions between Ukraine and Russia. There has been an unprecedented rise in prices of crude and gas prices and many other commodities. Some of the Middle East countries are worried about food supplies as they import wheat from these two countries. They fear that […]
Archive for the ‘IPO’ Category
Post war reconciliation, markets need to tackle other issues as well
March 7th, 2022
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Russia-Ukraine transgression hits markets badly
February 28th, 2022
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Markets were badly hit by the Soviet transgression into Ukraine last week. Though they recovered 50% of what they lost because of the transgression, they still closed with substantially higher losses. BSESENSEX lost 1,974.45 points or 3.41% to close at 55,858.52 points while NIFTY lost 617.90 points or 3.58% to close at 16,658.40 points. The […]
Market movement and global cues becoming worrisome
February 21st, 2022
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The week gone by had plenty of action and the first two days in particular shook the market. On Monday, BSESENSEX lost 1,747 points while NIFTY lost 532 points. On Tuesday, they gained 1,737 points on BSESENSEX and 510 points on NIFTY. What happened? Why the loss and why the recovery? No war actually happened […]
