Do you want to know About October 2022 Month Financial Market Update?

Category By Cali Crystal May 19, 2020

DOMESTIC MARKET

[{"selector":"#anim-e9d5595a-d657-461d-b10c-a528d04d77a7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(21.556945535588%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Domestic Market : Indian equity indices gained during the month of October 2022. Nifty 50, NIFTY Midcap 100 & NIFTY Smallcap 100 all ended with positive returns of (5.37%), (2.49%) & (2.59%) respectively. 1

Global Market :

[{"selector":"#anim-c38a839d-96d6-473b-a9d2-1ccb8822a9ed [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.235351448636845%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] During the month, Dow Jones Industrial Average (US Index) and FTSE 100 (UK Index) gained (14.40%) and (2.48%) respectively. 2

Domestic Sectors :

[{"selector":"#anim-ea64ac96-1366-4c64-bca1-c008a9f31805 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-32.11425770397001%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Some of the top gainers for the month were Nifty Bank (6.93%), Nifty IT (6.47%) & Nifty Infrastructure (5.58%). On the other hand, Nifty FMCG (-0.25%) & Nifty Media (-0.03%) were the laggards for the month. 3

Brent Crude Oil Price :

[{"selector":"#anim-0fc562b2-e5bf-4e32-989b-42c89529681a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Oil prices rose (7.51%) during the month, currently trading at level of 94. 57 USO/bbl 4

1O Year Indian Benchmark G Sec :

[{"selector":"#anim-fa9f84c9-ad25-44ac-8979-aee020210f4a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Yields moved up by 5bps during themonth, closes themonth at (7.45%). 5

Currency (USD/INR) :

[{"selector":"#anim-796d8f75-bd66-466f-af96-985f76b35926 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(24.902499232986518%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] During the month, INR has further depreciated by (1.77%) against the US$. Currently, it trades at an all-time low of $82.79. 6

Inflation (CPI) :

[{"selector":"#anim-1175ba69-37eb-428a-9636-fb8cf330c9c0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(23.909467157606773%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Inflation rose to 7.41% (Prov.) in September 2022 from 7.00% (Final August 2022 7

Domestic Economy :

GDP has grown by (13.5%) for QI FY 2022-23, it had grown by (4.1%) in the previous quarter i.e. Q4 FY 2021·22. It had grown by (20.1%) in QI FY 2021·22. 8 Learn more