Inflation has started to come down, crude oil prices have come down and the rupee is slowly recovering, but there is a wave of concern again in the stock market. A resurgence of covid in China and Britain and the Eurozone heading into recession are just some of the reasons. The relief of lower inflation but not only in Indian markets, but none of the global markets, including the US, made much of a move last week. As the Indian markets are at a high level, there is a slight concern about whether there will be a reversal. The expiration of November futures and options contracts this Thursday could cause market volatility. As there are no major announcements scheduled from the country, movements in global markets will have an impact here as well. Let’s check what they are.
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