LGT Wealth India

Indian equity markets moved downwards for the fifth successive days as intensified geopolitical uncertainties in the Middle East raised worries for global recession. Concerns for further rate hike by the U.S. Federal Reserve weighed on the market sentiments. Investors disregard the optimistic outlook of the quarterly earning updates. Further, rise of bond yields in the U.S. market also added volatility in the markets.

Daily Market Update

9th November, 2022