LGT Wealth India

Indian equity markets closed in green lead by strong buying in auto, realty and IT stocks despite weak global cues. Higher than expected U.S. inflation data raised concerns for aggressive rate hike which dampened the market sentiments across the global. Investors also reacted to the mixed domestic economic data. However, strong buying by the foreign investors added to the gainsIndian equity markets closed in green lead by strong buying in auto, realty and IT stocks despite weak global cues. Higher than expected U.S. inflation data raised concerns for aggressive rate hike which dampened the market sentiments across the global. Investors also reacted to the mixed domestic economic data. However, strong buying by the foreign investors added to the gains.

Daily Market Update

9th November, 2022