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Stock market weekly analysis: Will Russian- Ukraine disputes collapse the Indian stock market

Dear investor

Hope You are doing well.

Indian market Continue to trade in lower side in 3rd week of February, As Investors remained cautious on rising crude oil prices, Geopolitical tensions and FII Selling. This was a highly Volatile week, as domestic market opened the week with worst single day fall since April 2021, then recovered in next session and remained in range during the week. Last week, BSE Sensex made a record low of 56,295.70 but being able to recover and close at 57,832.97 levels. While the Nifty50 made a low of 16,809.65 and close at 17276.30 levels.

In the coming week, we expect market to decide a trend, as market has already priced in various events like Russia and Ukraine disputes, Fed’s interest rate, Margin pressure in Q3 results etc. We believe Investor should bet on some defensive stocks and accumulate them in every fall and avoid cyclical stocks.

As the economy continues to open up we expect consumer discretionary demand for real estate, automobiles, home improvement, travel, etc. to pick up significantly and provide more power to the overall economic recovery. Government finances are largely in good shape with better-than-expected indirect and direct tax collection.

Among sectors, Nifty PSU Bank index plunged 4.6 percent, Metal index shed 4 percent and Realty index fell 2.7 percent.

Foreign institutional investors (FIIs) sold equities worth of Rs 12,215.48 crore, and domestic institutional investors (DIIs) bought equities worth of Rs 10,592.21 crore. In the month of February till now, FIIs sold equities worth Rs 21,928.08 crore, while DIIs sold equities worth Rs 16,429.46 crore.

Last week, the rupee recovered the previous week's losses and ended 71 paise higher at 74.66 per dollar on February 18 against its February 11 closing of 75.37.

Feb week 3
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