News Overview

US consumer sentiment index fell to 68.8 in January from 70.6 in December, according to preliminary data released by the University of Michigan on Friday. The report showed one-year inflation expectations ticked up to 4.9 percent in January from 4.8 percent in December, while five-year inflation expectations rose to 3.1 percent from 2.9 percent. The bigger than expected drop by the headline index came as […]

The US stocks were mixed in volatile trade on Friday, 14 January 2022, with the S&P500 index and the Nasdaq settling above unchanged line, while the Dow ended opposite side of the unchanged line, as slew of U.S. economic data, including Federal Reserves industrial production and Commerce Departments retail sales data unexpectedly declined in the month of December. At the close of trade, the Dow […]

Sales rise 59.03% to Rs 483.77 crore

Sales rise 51.77% to Rs 231.25 crore

Sales decline 35.58% to Rs 24.95 crore

Sales decline 33.33% to Rs 0.02 crore

Sales rise 25.30% to Rs 188.17 crore

If you look at it on a sequential basis, the biggest impact was seen on fuel prices. Last month, the fuel GST and VAT cuts were not factored in. However, outside of fuel, input cost spike, caused by supply chain constraints, continues to remain sticky at higher levels.

Asian markets opened in the green led by the Japanese 'Nikkei' which traded higher by over 200 points in early trade after seeing a huge sell-off last week.

What is more important is that the SIP flows in the month of Dec-21 stood at a record level of Rs11,305cr.