LGT Wealth India

Indian equity markets declined for the second successive days as investors remained
jittery ahead of the U.S. consumer inflation data which will provide insights on the
monetary policy outlook. Uncertainty for the quarterly earning numbers also added
volatility in the market. Stronger rupee against the greenback and profit booking on PSU
and IT stocks also contributed to the downside of the benchmark indices.

Daily Market Update

9th November, 2022