Despite a slew of macroeconomic headwinds stemming from the Strengthening Dollar index, elevated commodity prices, and Tightening liquidity globally, the growth story of Asia’s third-largest economy remains intact.
Although currently, the Indian Equity market is a bit amongst the turbulence due to a strengthening dollar index, yet it continues to stay headstrong against the global equity indices.
The Reserve Bank of India raised its benchmark repo rate to 5.90%, the fourth hike since May, joining global peers in taking aggressive measures to tackle rising inflation.
Here's our monthly outlook right from the research desk on what the way ahead could look like for the intelligent investor!
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