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...