Just like January, February was a highly volatile month. Almost all the BSE sectoral indices ended the month deep in the red
Stocks across the globe continued to remain volatile in February, and as a result, focus shifted to other assets. Slowing global growth continued to affect markets across the world with most of the indices posting losses last month. While the FTSE100 was up by 0.22%, the Nikkei 225 fell by 8.51%. Markets in the Europe fared no better with France’s CAC40 falling by over 1.44% and Deutsche Boerse posting a 3.09%. However, losses were contained on the last day of February as China eased its monetary policy. The central bank in China announced that the reserve requirement ratio would be cut by 0.5 basis points to 16.5%. (One basis point is one-hundredth of a percentage point.)
Recommended For You
Select your Category
Internet Not Available
Wait for it…
Log in to our website to save your bookmarks. It'll just take a moment.