Market setup: Have indices factored in end of Ukraine war?

The Singapore-based Nifty Futures, SGX Nifty, indicates a higher start for the Indian markets. The high point of the range, has been 17,440 and if the market tops that, it will be interesting. The street more or less made a low on the day the Russia-Ukraine war started and it did break that and subsequently, it went further lower. The markets have been trying to price in the end of the war for sometime. In fact, all through March, the indices are trying to do that.

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