For the global equity markets, it was a very tough time over the past few weeks as they have battled several headwinds, including the recent geopolitical conflict between Russia and Ukraine that has also triggered a sharp rise in commodity prices.
Market experts say the market fall was a knee-jerk reaction to the Russia – Ukraine conflict and are likely to witness a choppy phase before discounting this development and staging a sharp rebound. Over time, equity markets have generally overreacted near the geopolitical risks.
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