8080 TO 9050 TARGET HIT FIRST TODAY BAJFIN HOLD CONVERT APRIL TATA MOTORS 919 TO 1066 5 DATE CROSS HIT NEW HIGH LTIM HOLD CONVERT APRIL JINDAL STEEL 770 TO 859 TARGET HIT 7 DATE MRF HOLD CONVERT APRIL COFORGE HOLD CONVERT APRIL ULTRA HOLD CONVERT APRIL DIXON 6400 TO 7266 80% HIT π― 7 DATE NIFTY AND BANK NIFTY HOLD CONVERT APRIL
8080 TO 9050 TARGET HIT FIRST TODAY BAJFIN HOLD CONVERT APRIL TATA MOTORS 919 TO 1066 5 DATE CROSS HIT NEW HIGH LTIM HOLD CONVERT APRIL JINDAL STEEL 770 TO 859 TARGET HIT 7 DATE MRF HOLD CONVERT APRIL COFORGE HOLD CONVERT APRIL ULTRA HOLD CONVERT APRIL DIXON 6400 TO 7266 80% HIT π― 7 DATE NIFTY AND BANK NIFTY HOLD CONVERT APRIL
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"The inflation fire was already hot and now with war-driven inflation added to the mix, it will grow even hotter, setting off a scramble by the worldβs central banks to pull back their stimulus earlier than expected," Chris Rupkey, chief economist at FWDBONDS, wrote in an email. "A spike in inflation rates has preceded economic recessions historically and this time prices have soared to levels that once again pose a threat to growth." "We're seeing really dramatic moves, and it's all really tied to Ukraine right now, and in a secondary way, in terms of interest rates," Octavio Marenzi, CEO of Opimas, told Yahoo Finance Live on Thursday. "This war in Ukraine is going to give the Fed the ammunition, the cover that it needs, to not raise interest rates too quickly. And I think Jay Powell is a very tepid sort of inflation fighter and he's not going to do as much as he needs to do to get that under control. And this seems like an excuse to kick the can further down the road still and not do too much too soon." Fridayβs performance was part of a larger shift. For the week, the Dow, S&P 500 and Nasdaq fell 2%, 2.9%, and 3.5%, respectively. Continuing its crackdown against entities allegedly involved in a front-running scam using messaging app Telegram, Sebi on Thursday carried out search and seizure operations at the premises of eight entities in multiple locations across the country. And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30.
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