The Impact of Russia-Ukriane War on Indian Stock Market

Keywords: Widespread, Foreign Exchange, Holdings, Stock Market, Inflation

Abstract

War, the most exceedingly terrible calamity, obliterates nation-building and social union. Fights are horrible to the point that they can become around the world, influencing the whole globe. War attacks all nations. After the unexpected strike of the COVID-19 infection, the world’s significant economies were attempting to recuperate. North of three years after the fact, broad inoculation crusades saved individuals from the destructive infection. The most terrible times appeared to be past, and the world’s driving economies started to recuperate. Be that as it may, something should occur. The morning of February 24, 2022, shocked individuals once more. Russia went after Ukraine on the morning of February 22, 2022.Russia’s activities in Ukraine have brought Western condemnation and weighty punishments. North of 2,700 limitations have frozen $300 billion in Russian gold and unfamiliar trade holds. American and associated bans of Soviet oil caused record-high crude oil prices in the months that followed. Notwithstanding cultural expenses, the fight impacted essentially all significant economies around the world. Influence is felt in India too. Thump on impacts arrived at India. Stock prices declined, inflation arrived at new highs, the rupee fell against the dollar, unfamiliar trade saves dwindled, and that’s only the tip of the iceberg, as per outside markers. Since the 2020 COVID-19 pestilence, the worldwide economy has endured twice. This paper looks at what the Russia-Ukraine war might mean for Indian imports, exports, trade rates, stock market, and inflation.

Published
2024-09-01
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How to Cite
Kulasekhar, M. (2024). The Impact of Russia-Ukriane War on Indian Stock Market. Shanlax International Journal of Economics, 12(4), 30-40. https://doi.org/10.34293/economics.v12i4.8120
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Articles