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Alpha Investor | 5 March 2022
05-Mar-2022

Indian equity benchmarks extended losses for fourth straight week as investors globally overlooked reassuring comments from the Fed amid nervousness on the Russia-Ukraine war front coupled with surging oil prices.

Highlights

  • India’s economic growth slowed to 5.4% in the 3rd  of FY22
  • Growth of eight core infra industries grew 3.7% in Jan22
  • India Manufacturing PMI surged to 54.9 in Feb’22
  • GST collections grew 18% to over Rs 1.33 lakh crore in Feb22
  • Brent crude oil price soared past $118 a barrel
  • Eurozone inflation accelerated in Feb’22 to hit a fresh record high of 5.8%

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