Market Quote : All eyes are now on the Inflation data expected this week Says S Ranganathan, LKP Securities
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Quote on Market 09 November 2022 By S Ranganathan, Head of Research at LKP Securities
"Despite a 4.5% rise in the PSU Bank Index yesterday, there was no let up as today the index led from the front with another stellar performance of almost 4% rise as the street gave a thumbs up to the second quarter earnings of PSU Banks. All eyes are now on the Inflation data expected this week as supply side issues coupled with domestic demand would play a part given the way retail fuel prices have been behaving."
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