Calendar year 2022 (CY22) has been a turbulent one for global financial markets amid the specter of rising inflation that has led most central banks, particularly the US Federal Reserve (US Fed), to tighten their monetary policy. Most stock indexes around the world saw sharp declines from their respective highs in this context.
FTSE India, for example, corrected 16% from its October peak. Market valuation is now slightly below the five-year average, Foreign Institutional Investor (FII) outflows are just below the level of FII outflows (as a percentage of…
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First published: Monday, May 30, 2022. 09:38 IST
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