Russia-Ukraine tensions on oil prices, list of factors guiding the market this week

Khemka told news agency PTI, “Voltality is expected to remain high in the next week also in view of the important meeting between US and Russia. Inflation concerns, continued FII selling and monthly F&O closings may add to volatility next week.”

Meanwhile, Ukrainian President Volodymyr Zelensky has called for a meeting with Russian President Vladimir Putin and a solution to the crisis. “I do not know what the President of the Russian Federation wants, so I am proposing a meeting,” Zelensky told the Munich Security Conference.

Geopolitical tensions and the prospect of a rate hike by the US Federal Reserve have triggered an outflow of foreign funds from the Indian equity markets. foreign investors a trap is withdrawn 18,856 crore so far from the Indian markets in February.

According to Shibani Kurian, Senior EVP and Head-Equity Research, Kotak Mahindra Asset Management Company, other things that market participants will be waiting for this week are crude oil prices and pace of earnings growth in India.

“Inflation in India and globally as well as crude oil prices are on an upward trajectory and the pace of earnings growth in India will be important factors,” Kurian said.

Apart from this, the ongoing elections in Uttar Pradesh, Uttarakhand, Goa, Punjab and Manipur will also be closely monitored. investors,

Uncertainty related to Fed action, and rising expectations of a rate hike of 50 bps in March policy amid persistently high inflation print are troubling the markets, according to Julius Baer India Executive Director Milind Muchhala.

On Friday, the BSE Sensex closed 59.04 points or 0.10% down at 57,832.97. The NSE Nifty ended 28.30 points or 0.16% lower at 17,276.30. On a weekly basis, the Sensex fell 319.95 points or 0.55% and the Nifty fell 98.45 points or 0.56%.