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Alpha Investor | 26 February 2022
26-Feb-2022

In the passing week, markets witnessed sharp sell-off with Nifty and Sensex tumbling by over 3% each owing to sharp escalation in the Russia-Ukraine conflict as Russian President Vladimir Putin launched military operations in Ukraine in defiance of the West.

Highlights

  • India`s foreign exchange reserves declined by $1.763 bn
  • Retail inflation for farm workers and rural labourer`s rose in January
  • U.S. economy grew by 7.00% in the fourth quarter of 2021
  • Eurozone inflation rose to a record high of 5.1% in January
  • Fresh attempts by China to crack down on the private sector
  • China`s central bank kept its benchmark loan prime rates unchanged

 

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