Food costs make up roughly 40% of the CPI basket. The data may imply further rate hikes from the RBI.
As the dollar goes down, gold becomes less expensive for investors holding other currency.
CBM is natural gas extracted from coal seams.
The headline number of the U.S. consumer price index (CPI) data is anticipated to rise 0.5% in January after dipping 0.1% in December, according to a Reuters poll.
Headline inflation for January 2023 came as a rather nasty surprise.
Here we look at the top 10 mutual fund AMCs by equity AUM and evaluate at 2 levels.
FPI flows in January 2023 dipped into the negative as foreign investors shift their holdings to other Asian markets due to cheaper valuations.
Recommendation: Buy; Target Price: Rs 5200
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