Thursday, May 12, 2022

Market corrects 7% since RBI hikes rate. Here are factors eroding investors#39; wealth

Market corrects 7% since RBI hikes rate. Here are factors eroding investors#39; wealth Inflation continues to be a major headwind for markets. Consumer inflation in the US in April coming at 8.3 percent reinforces market#39;s concern about aggressive rate hikes by the Fed and the possibility of a US recession in 2023

from Moneycontrol Market Outlook https://ift.tt/hsruMt0

No comments:

Post a Comment

Titagarh, Jupiter Wagons shares rally up to 10% amid reports of Rs 40,000 crore order from Indian Railways

Railway stocks surged up to 10% on Monday. Indian Railways is preparing a large tender for one lakh freight wagons. This procurement is expe...