Tag: inflation

Daily Market Highlights JUNE 23

Previous Day Market Sensex closed at 52,588.71 up by 14.25 points Nifty closed at 15,772.75 up by 26.25 points Federal Chairman, Jerome Powell, in his post-policy testimony virtually reaffirmed the Fed’s intent to encourage broad and inclusive recovery in the job market. In other words, Powell was emphasizing that the Fed would not hike rates

Daily Market Highlights JUN 15

Previous Day Market Sensex closed at 52,551.53 up by 76.77 points Nifty closed at 15,811.85 up by 12.50 points Inflation came in aggressively higher than most estimates and nearly 200 basis points higher than the April number at 6.3%. Even WPI inflation came in sharply higher at 12.94%, largely spurred by fuel and edible oils.

Macro Matters (MAY 2021)

CPI Inflation for Apr-21 trends lower by 123 bps to4.29% as food prices and core inflation soften Core inflation gave some room for hope in the month of Apr-21. A moment on the concept first! Core inflation represents the residual inflation after taking out food inflation and fuel inflation. Core inflation matters because it is