Market Quote 14 February 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 14 February 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"Increased tension between the US and Russia over Ukraine sent oil prices rising and forced investors to dump risky assets. Risk sentiment was further dampened ahead of the Fed’s emergency meeting which heightened fears of aggressive monetary tightening. On the domestic front, the annual WPI inflation eased marginally to 12.96% in January from 13.56% in December, but still high, amid moderation in the fuel and power prices"
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