LGT Wealth India

Indian equity markets closed in the negative territory despite positive start followed by the
supportive global cues. Investors remained subdued on concerns for aggressive rate hike
ahead of the release of domestic GDP data and the monetary policy outlook by the U.S.
Federal Reserve. Worries for potential economic downturn and the corporate earning
outlook weighed on the market sentiments.

Daily Market Update

9th November, 2022