INSUBCONTINENT EXCLUSIVE:
Moscow Exchange spikes nearly 30% on Friday after slumping as much as 50% in the previous sessionRussia's Moscow Exchange spiked nearly
conflict.While Russia has unleashed a full-scale ground invasion and air assault on Ukraine, tracking Wall Street's surprising reversal
overnight, global stock markets rebounded on Friday as investors weighed the longer-term impact of harsh Western sanctions against
Russia.Investors' risk appetite increased, weighing on the dollar and safe-haven assets, while oil pared gains.That comes a day after a
resounding rout in financial markets following Russia's military invasion of Ukraine, which led to the Moscow exchange suspending trading
countries have announced harsh sanctions against Russia and also warned of consequences for the onslaught in Ukraine.Investors rediscovered
their appetite for riskier bets, with Asian shares regaining ground, including Indian equity bourses, which recovered on Friday after a
responses from other countries.Still, analysts suggested a cautious approach to risk taking."It is difficult to predict the bottom of the
market in a scenario like war
Events will shape the movement
The best thing for an investor is to follow asset allocation principles
This is likely to be a ''Buy on Dip Market' albeit with a lot of volatility in the near term," said Nilesh Shah, Group President - MD, Kotak
Mahindra Asset Management Company.
