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Inflation, Covid-19 Give Markets the Jitters

Inflation, Covid-19 Give Markets the Jitters

In India, heavy selling by FIIs has added to the anxiety

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Inflation Is rising in the UK, India, the US and Brazil. And the new Covid-19 variant could further exacerbate it by disrupting global supply chains. Result: In the one month to December 20, the Dow Jones Industrial Average Index on Wall Street declined over 0.50 per cent, Nikkei 225 and BSE Sensex fell 6 per cent, and the UK’s FTSE, around 1 per cent. In India, heavy selling by FIIs has added to the anxiety. Market veteran Vijay Kedia believes indices may continue to consolidate in a range. Tighten your belts.

Published on: Dec 25, 2021, 8:54 AM IST
Posted by: Vivek Dubey, Dec 25, 2021, 4:14 AM IST