Since 2020, the markets around the world have been on a wild bullish run. However, most of the investors woke up to the news of further escalation in the Ukraine-Russia conflict.
This has affected several markets with bearish trends on the horizon. The Ukraine-Russia conflict has also further intensified the selling across the continents. The escalation has led to a sharp surge in oil prices forcing global markets to plunge sharply. Let us look at how much the major markets around the world are impacted:
Indian markets
Equity benchmark Sensex crashed over 2,700 points on Thursday following a severe sell-off in global markets after Russia launched a military offensive against Ukraine.
The 30-share BSE gauge plunged about 2,850 points during the session before closing at 54,529.91, registering a massive fall of 2,702.15 points or 4.72 per cent.
Likewise, the NSE barometer Nifty nosedived 815.30 points or 4.78 per cent to end at 16,247.95.
This was also the seventh straight session of decline for both indices. On the Sensex chart, all 30 shares suffered heavy losses, with IndusInd Bank, M&M and Bajaj Finance shedding as much as 8 per cent.
Russian troops launched wide-ranging military attacks on Ukraine on Thursday after Moscow cast aside international sanctions and warned other countries that any attempt to interfere would lead to “consequences you have never seen”.
NASDAQ and S&P 500 – The United States
Since the announcement made by US president Joe Biden claiming that the invasion has begun, the benchmark S&P 500 further continued its correction further falling by 1.8% on Wednesday. The Nasdaq fell by 2.57% and closed at 13037.49.
European markets
European shares hit a seven-month low with the prospects of economic sanctions against Russia. The fall further intensified with news of Russian troops attacking eastern Ukraine broke out.
French stock index CAC40 has fallen slightly with 0.10% and closed at 6,780.67.
German DAX continued its losing run by falling 0.42% and closing at 14631.38.
Swiss market Index stayed flat with a slightly lower close at 11,941.89.
Russian Markets
The Russian stock markets had suspended trading earlier during the day on Thursday. But post reopening the markets suffered one of the worst crashes in modern history.
The MOEX Russia Index fell by 45.21% to touch 1690.15 points shedding 1,394.59 points as of 12.03 pm Moscow standard time.
UK Markets
UK indices remained pessimistic on the Russian invasion of Ukraine. FTSE 100 closed at 7,498.18 and FTSE UK250 closed at 20,841.52 giving a mixed signal.
Singapore Markets
Singapore indices remained flat with FTSE Singapore and MSCI Singapore closing at 358.73 and 345.14 respectively. SGX Nifty fell by 2.72 to 16605.50
Japan Markets
The Tokyo Stock Exchange Index Nikkei 225 fell by 1.81% to 25,970 points shedding 478.79 points in reaction to turmoil in the west.
China Market
Chinese market showed a slow down with the shanghai composite a 2.51% fall and closing at 3489.15
Australian Markets
Australian indices S&P/ASX 300 fell by 74.3 points or 1.03% to close at 7155.8 and All Ordinaries at 7253.1 with the fall of 2.95%
