LGT Wealth India

Indian equity markets closed with strong gains as hopes for smaller rate hike in the upcoming monetary policy review following the latest comments from U.S. FederalReserve helped to boost the market sentiments. Additionally, domestic fastest expansion of services sector of last twelve years also added to the gains. Further, supportive global cues followed by the upbeat service sector data from Asia and Europe also contributed to the upside.

Daily Market Update

9th November, 2022