Russia moving away from attacking position in Ukraine - What does it mean for the stock markets, Market Guru Anil Singhvi decodes
Russia has moved away from its attacking position in Ukraine and there is news of Russian soldiers returning to their base as per Russian agencies.
![Russia moving away from attacking position in Ukraine - What does it mean for the stock markets, Market Guru Anil Singhvi decodes Russia moving away from attacking position in Ukraine - What does it mean for the stock markets, Market Guru Anil Singhvi decodes](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2022/02/15/175535-russia-singhvi.jpg?itok=Kg5KuxOT&c=c5af8c0f92ccc8e249257bf0f1cb18e8)
Russia has moved away from its attacking position in Ukraine and there is news of Russian soldiers returning to their base as per Russian agencies. Zee Business Managing Editor Anil Singhvi is of the opinion that if there had been an attack, the domestic markets would have fallen and then advanced. In case, there is no attack, the markets will rise without any fall.
See Zee Business Live TV Streaming Below:
"There is no need to be overconfident, at this very moment, there are chances that anything can happen. There can be news that can take the markets to 17,500 and also any news can take the markets to 17,000," Singhvi stated.
The Market Guru further informed that as long as the head of both the countries - Russia and Ukraine do not make any comment on the situation, anything can happen.
रूसी सैनिकों की अपने बेस की ओर लौटने की खबर...
बाजार में आई तेजी में क्या करें?
ये तेजी कितनी भरोसेमंद?
ट्रेडर्स और इन्वेस्टर्स कैसे करें रिस्क मैनेजमेंट?
जानिए अनिल सिंघवी से..@AnilSinghvi_ | #RussiaUkraineCrisis pic.twitter.com/9sfumyjLnf
— Zee Business (@ZeeBusiness) February 15, 2022
"Any statement can impact the markets. If there is any positive comment from them then the markets will rise and in case of any negative comments, the markets will fall to 17,000," he further said.
Singhvi suggested, "There has been a positive view and NIfty has risen to over 17,200 at closing. However, one should trade as far as it is manageable for the person."
As long as nothing official comes from the heads of these two nations that nothing conclusively can be stated. However, the Russian soldiers going back to their bases is having a positive impact on the markets as of now.
At market closing today, the benchmarks Nifty50 and the S&P BSE Sensex ended 3 per cent higher in the closing at the domestic stock markets. The broader Nifty reclaimed 17, 300, while the Sensex surged nearly 1700 points, aided by auto and FMCG stocks. The two indices ended near 17,400 and above 58,100 in a major pull back on Wednesday.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
![https://www.zeebiz.com/markets/stocks/photo-gallery-this-tata-group-stock-turned-every-rs-10000-of-investment-into-rs-11300-in-just-a-week-investors-richer-by-42722-crore-rupees-any-guesses-share-market-news-304023](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307143-tradingpexels.jpg?itok=rw4R7EfH)
A Tata group stock just turned every Rs 10,000 of investment into Rs 11,300 in just a week, investors richer by Rs 42,722 crore; any guesses?
![https://www.zeebiz.com/markets/stocks/photo-gallery-large-cap-midcap-stocks-shares-to-buy-for-long-term-check-out-targets-nifty-sensex-303617](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/25/306716-stockks.jpg?itok=KJTrFUIK)
Stocks to buy for long term: Analysts suggest buying these 5 largecap, 4 midcap scrips; check out targets
![https://www.zeebiz.com/personal-finance/photo-gallery-nps-retirement-planning-budget-2024-nirmala-sitharaman-announcement-how-nps-rulebook-change-can-increase-corpus-income-and-monthly-pension-by-40-compound-return-303984](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307102-indian-currency-pixabay-take.jpg?itok=kN21EW-9)
How your NPS retirement corpus and monthly pension can jump by 40% after this rule change; get details
![https://www.zeebiz.com/personal-finance/photo-gallery-senior-citizen-savings-scheme-scss-2024-interest-rate-calculator-post-office-how-to-get-inr-rs-50000-interest-retirement-planning-guaranteed-return-maturity-amount-small-savings-303930](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307042-fd-interest-file.jpg?itok=45ZbBRWM)
How much investment do you need in this senior citizen scheme to get Rs 50,000 quarterly interest? Know here
07:23 PM IST