Current Market Volatility Is An Opportunity To Strengthen Your Portfolio

Just when the Indian and the global economy seemed to be coming back on track after close to two years of Covid-led disruption, the Russian invasion of Ukraine brought new uncertainties to the fore. This geopolitical development led to prices of essential commodities, like crude oil and natural gas, shooting up. It also added to inflationary pressures across the globe, and India being a net importer of oil and gas, fuel prices have sharply gone up after the Russian invasion so far. Fuel being central to industrial operations and supply chains, there will be cascading inflationary impact on other commodities and services, too. Inflation has led many countries to increase their interest rates. In some situations, this also leads to an outflow of capital from developing markets, thus, fuelling turbulence in the equity markets. Additionally, the spread of coronavirus hasn’t come to an...