Nifty50 roars to victory, RBI stuns, will US CPI follow - 10 April 2023

Nifty50 roars to victory, RBI stuns, will US CPI follow

The Nifty50 index had a good week, closing higher for the second week. It finished with a small green candle on the weekly chart and remained above its 200-DMA. This was thanks to the RBI's unexpected decision to hold off on rate hikes, positive FII inflows, and monthly solid auto sales numbers. This week, market participants will be keeping an eye on CPI inflation data from India and the US, as well as the corporate results of major companies like TCS, Infosys, and HDFC Bank.

Popular Blogs

10 May 2023

10-05-23 Market

1. HDFC Bank allots 4561966 equity shares under ESOP: HDFC Bank allocates 4,561...

08 May 2023

08-05-23 Market

Markets closed the holiday-shortened week on a flat note. A positive start was s...

28 April 2023

Nifty and Bank

Nifty index began the April series positively, gaining 730 points to reach 17930...

27 April 2023

27-04-23 News U

1. Bourses give nod for transfer of NCDs from HDFC Ltd to HDFC Bank: HDFC Ltd h...

24 April 2023

24-04-2023 Deri

• Nifty April future closed at 17657.30 with a premium of 33.25 points v...