Share Market Outlook 2022 - A Year Of Heightened Activity: Motilal Oswal
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Motilal Oswal Report
CY21 was a year of heightened activity on multiple fronts. The year began with a hope as the country put behind the Covid-19 first wave, only to encounter a much more severe second wave in March-May 2021.
Subsequently, as the wave ebbed, the economy and markets saw good recovery as India’s Covid-19 vaccination began gradually and acquired momentum along the way to end CY21 with mammoth ~1.45 billion vaccine doses administered during the year.
CY21 witnessed record activity in primary markets with highest ever fund-raise and debut of several new-age digital tech businesses on the bourses. Corporate earnings continued to build on the FY21 momentum and looks set for another strong year of earnings.
While the year witnessed several disruptions on global supply chain front with shortages of chips and ships, the macro conversations were dominated by inflation raising its head globally and consequent Fed action with the much debated Taper finally making its presence felt.
As we usher into CY22 with the third wave of Covid-19 knocking at the doors, we take a look back at the year gone by and some of the key highlights pertaining to the same.
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