When we talk of July 2023 in the August RBI Bulletin, the focus is going to be on inflation, which had shot up to 7.44% for the month of July 2023.
FPI flows tepid in truncated week to August 18, 2023.
Nifty dips close to 19,300 in a truncated week.
FOMC minutes were the key event for CME Fedwatch
Inflation and Dollar strength drive macro quartet
Noteworthy underperformers on the Nifty included Hero MotoCorp, TCS, Coal India, Hindalco Industries, and Tech Mahindra.
Ahead of the IPO launch, the company garnered Rs 27.55 crore through an anchor book on August 17.
Jio Financial Services will primarily operate in the NBFC market and the credit market segment.
IT companies, which rely significantly on revenue from the United States, witnessed a substantial reduction of up to 1.5%.
Investors with very high risk appetite and want to invest for 5 to 7 years in IT sector mutual fund should invest in Bhandhan Nifty IT Index Fund.
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