LGT Wealth India

Indian equity markets rose for the third consecutive session. The market witnessed upward momentum following the decline in U.S. inflation figures, which boosted market hopes that the U.S. Federal Reserve would begin rate cut earlier than anticipated. Strong
buying in some of the key stocks also added to the gains. However, rise of oil prices followed by escalated geopolitical concerns in the Middle East and transportation
constraints in the Red Sea, restricted the upside.

Daily Market Update

9th November, 2022