Stock market continues to be at risk. What is the situation in the stock market due to Russia and Ukraine War?

Russia's invasion of Ukraine will remain a primary focus for nervous investors as they scrutinise new inflation numbers and the rising price of oil in the coming week.
Domestic stock markets fell almost 3% on Thursday morning, joining a global stock sell-off as the worsening situation between Russia and Ukraine and rising crude oil prices weighed on investors' minds. Concerned about the potential of a lengthy crisis in Ukraine and its influence on the Indian economy, investors reduced their positions.
As the Ukraine war intensified, Crude oil surpassed the $100 level, and Asia-Pacific markets fell on fears of supply shortages and sanctions. In uncertain times, gold, a safe haven asset, gained by 1%.

Both the sensex and the nifty lost more than 1% in early morning trade on Friday, putting the stock market in the red. The intensifying Ukraine crisis pushed oil prices soaring and fuelled inflation fears, causing a sell-off in global equities markets.
The Russians appear to be stepping up their game and becoming more aggressive "Morgan Stanley Investment Management's head of macro strategy for global fixed income, Jim Caron, stated.

The growing Russia-Ukraine confrontation sent Asian stock markets down, while oil prices soared.The financial markets may remain sluggish if the Ukraine war drags on and crude prices remain high. Because the IPO market is connected to stock market performance, issuers are likely to wait until the Ukraine conflict is over and stock markets have stabilised, according to investment bankers.

India is the world's third-largest crude oil importer, and rising prices exacerbate the country's trade and current account deficits, as well as harming the rupee and fueling imported inflation.
The stock market is likely to incur huge losses if the Ukraine crisis develops, as oil prices are expected to remain high. While the Federal Reserve of the United States will meet next month to consider whether to raise interest rates and tighten liquidity, it is expected that the Fed will not act aggressively.
Other worrying sign is the impact of rising oil prices on the Indian economy, that is occurring at a time when inflation is near 6%, considerably above the Reserve Bank of India's upper limit.

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The war in Ukraine resulted in a first-time occurrence for such Russian stock market in early March, when 55 billion dollar business fled. Russia is accused by Western nations of aiding Ukrainian separatists who taken down Malaysian Airlines Flight 17 with such a ground-to-air missiles on July 17. The US has also put sanctions on Russia's economical and environmental sectors, both of which are critical to the country's economy, including its financial access.
Japan, as well as other countries outside of Russia and Ukraine, such as the Czech Republic, Norway, and China, have booming stock markets and economies which are far from the recession or catastrophe brought on by Ukraine's unresolved issues.