Money Trends

Domestic equity markets rose initially during the month under review as global
crude oil prices came down which eased concerns over rising inflation to
some extent

Domestic equity markets rose initially during the month under review as global crude oil prices came down which eased concerns over rising inflation to some extent

Indian equity markets ended the month in the negative territory with
benchmark indices touching more than 52-week closing low during the period.
Reserve Bank of India (RBI) and the U.S.

Indian equity market ended the month in the negative territory, weighed down by global and domestic inflationary pressure, coupled with rate hike stance adopted by central banks of major economies

Indian equity markets settled for the month in the negative territory. Ongoing tension between Ukraine and Russia, coupled with uncertainty of the pace of
future rate hikes by U.S. Federal Reserve loomed large which kept investors
on tenterhooks. Additionally, renewed worries over fresh instances of COVID19 infection in China reignited fears of global economic slowdown.
Nonetheless, optimism over the ongoing corporate earnings season and the
accommodative stance adopted by Reserve Bank of India, in its latest policy
meeting soothed investors’ nerve. Meanwhile, elevated domestic inflation
numbers raised speculation that Reserve Bank of India may not hold on to its
accommodative stance for long

Domestic equity markets fell initially during the month under review after the
Reserve Bank of India led Monetary Policy Committee (MPC) raised key
policy repo rate by 35 bps and downgraded the growth projections of the
Indian economy for the current fiscal to 6.8% from the earlier projection of 7%
in its monetary policy review.

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