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Market Quote 23 May 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 23 May 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"The government and RBI are making persistent efforts to moderate future inflation. Government fiscal measures like a hike in custom duty on steel and similar steps on other products in the future will help to control inflation. However, the hawkish monetary and fiscal measures adopted by RBI & Government will have a cascading effect on market & economy in the short to medium-term"
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