Stock Market Update

RBI hikes Repo Rates by 35 bps to 6.25%

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Stance focused on withdrawal of accommodation

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GDP growth forecast for FY23 revised downwards to 6.8%

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Inflation aim retained at 6.7% for FY23

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CPI inflation forecast for Oct-Dec 2022 raised to 6.6% from 6.5%

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GDP Growth Forecast for Oct-Dec 2022 lowered to 4.4%

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GDP growth Forecast For Jan-Mar 2023 lowered to 4.2%

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