LGT Wealth India

Indian equity markets extended the losses for the second successive days as elevated inflation forecast coupled with new liquidity absorption measures by the Reserve Bank ofIndia. Additionally, growth concerns over also contributed to the downside. Further,hawkish comments from U.S. Federal Reserve official after lower than expected after U.S.inflation readings for July, also contributed to the downside of the benchmark indices

Daily Market Update

9th November, 2022