El Nino, a weather phenomenon caused by warm Pacific waters, impacts global climates and economies. Extreme rains in South America and droughts in Australia and Asia affect agriculture, economy, and stock markets. Monsoon-dependent sectors suffer, while electricity and construction sectors may benefit. Historically, markets fell during El Nino, but exceptions occur.
Expectations of El Nino this year make it crucial to consider its effects before making investments.
We have explained in detailed in our Instagram reel here