Perspective note on the markets by Mr. Mohit Ralhan, TIW Capital Group.
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Below is Perspective note on the markets by Mr. Mohit Ralhan, Managing Partner at TIW Capital Group.
“The market has gone down as investors weigh the impact of Russia Ukraine crisis. Russia has launched a military action targeting the military infrastructure of Ukraine and it may lead to a larger scale invasion of Ukraine with the risk of USA and Europe getting embroiled militarily as well. Additionally, the price of oil crossed US$100 per barrel mark stoking inflation fears in oil importing countries like India. The economies around the world are still recovering from COVID pandemic and can’t afford the consequences of this war. This is also the reason; we believe that the world leaders would work towards deescalating the situation and avoid a full-blown war through diplomatic channels. But definitely the risks have gone up, since the military situations typically unfolds very fast. The India VIX has already crossed 30 as the market is expected to swing wildly on both sides reacting to all incoming news. It’s time to be extremely cautious in the markets and the best possible action seems to be wait & watch for a clearer picture to emerge.”
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