There is a continuous decline in the international markets.
In the Ukraine-Russia war, there is a continuous slowdown in the market. Some countries have imposed sanctions on Russia, which is also one of the reasons for rising inflation. As the demand for Rs decreases, the customers also think of saving Rs, which is the reason why the consumption of non-necessary goods has started to decrease. All these reasons completely take the form of bearishness in the stock markets.
Like Covid 19, you can see. The stock market collapsed, which was seen till May 2021. The main reason for the movement in the market is the mutual income exports of the countries. After the war between Russia and Ukraine, virtually all countries are facing recession.
The Nasdaq Composite Index in the United States fell more than 1% today, closing at 10542.10. In the same European markets, after a continuous decline, there is a recession even today. The FTSE closed at 6902.74 today.
Due to the continuous selling of FIIs, there is also a significant decline in the Indian markets. Due to volatility, shareholders are seeing a lot of losses.
Let’s know why Russia is being affected by the Ukraine war.
Russia is the second largest producer of natural gas in the world. When the NATO countries’ demand for supplies increased as a result of the war, inflation rose as well. If the exports and imports of Asian countries were closed for some reason, then we would see its effect in the markets. More about this source text Source text is required for additional translation information. Please provide feedback on the side panels.
The World Bank lowered India’s GDP growth forecast.
The IMF says that if inflation continues to rise in this way, then the possibility of recession may be greater.
The pace of the economy is slowing down in the world as the threat of recession looms. The income of the general public is decreasing due to continuous inflation. The financial institution has also lowered India’s GDP growth forecast.
Morgan Stanley forecasts 7.2 to 7% growth.
According to the Reserve Bank of India, the deduction has been made from 7.2 to 7.
Let us now know about crude oil.
Crude oil is facing a lot of pressure due to the rise of the dollar.
There has been a fall in the price of crude oil. According to the previous session, the price of crude oil fell by more than 2% on Tuesday. The rise in corona cases in China has fueled fears that demand for crude oil will fall.
