Business Standard

Volatility drags Sensex and Nifty down for third month in 2022

Rising inflation has forced central banks, including the US Fed, to hike rates to tame inflation.

Photo: Bloomberg
Premium

Photo: Bloomberg

Sundar Sethuraman Mumbai
The benchmark Sensex and Nifty fell 2.6 per cent and 2.1 per cent, respectively, in April, marking the third month of decline so far this calendar year. The broader markets performed relatively better with the Nifty Midcap 100 eking out a 0.6 per cent gain and the Nifty Smallcap 100 index declining 1.7 per cent.
April was marred by intense volatility. Rising bond yields, the Russian invasion of Ukraine, hawkish commentary by the US Federal Reserve, and sustained capital outflows were some of the factors that weighed on investor sentiment during the month.
The Sensex fell 460 points, or 0.8 per cent,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in