Research

Research

PMS Monthly Communication Research Report - May 2023

4th May 2023   10:20 PM

Cooling of Inflation, Pause in Interest rate, Positive Domestic data like strong GST Collection, Narrowing Fiscal Deficit, Normal Monsoon, Strong PMI numbers, Strong credit growth, and Strong Earning numbers from PVT Banks, FMCG giant Nestle and Conglomerate Reliance helped Indian equities to close on strong notes in month of April.Market Comfortable passed the stress test of 200 DMA and closed