Current Trends and Future Outlook of Indian and Global Markets

Global markets have been through a rather testing period in 2022. The year began with the RussiaUkraine war taking a turn for the worse followed by the sanctions on Russia. The global shortage of oil and minerals caused by the sanctions on Russia triggered a surge in global inflation. In response, central banks ranging from the US Fed to the Bank of England, ECB, and India’s RBI went on a tightening spree. Interest rates were hiked sharply to curb inflation.