Stock Market Update: May 2023

Stock Market Update: May 2023

Secondary Market Update: The momentum in the equity markets started to normalize with Nifty and Sensex gaining by 4.06% and 3.60% respectively over the previous month. Foreign Portfolio investors made their highest buying of 2023 in April to the tune of Rs. 11,631...
Economic Update: May 2023

Economic Update: May 2023

Economic Update: RBI, in its April 2023 policy meeting, opted to maintain the status quo on repo rates at 6.5%. Retail inflation eased to an 18-month low of 4.7% in April from 5.66% in the preceding month. Inflation numbers were in line with the expectation and...
Economic Update: April 2023

Economic Update: April 2023

Economic Update: Global Banking sector engulfed in a crisis as three large US Banks Failed in March 2023. Silvergate Capital Corp, with dealing in crypto currency was the first bank to fail on 8th Shortly after Silicon Valley Bank (SVB) and Signature Bank collapsed...