LGT Wealth India

Indian equity markets declined with a sharp fall on concerns for aggressive monetary tightening by the U.S. Federal Reserve ahead of the December meeting minutes. Investors shrugged off upbeat economic data on India’s services sector and remained worried due to surge in COVID cases in China and other countries of the world. Concerns for growing recession worries also contributed to the downside.
 
Daily Market Update

9th November, 2022