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The benchmark Nifty closed at 15699 levels, up by approximately 2.65%. The Sensex closed at 52728 levels, up by approximately 2.66% for the week.
Macro-economic developments
The India Meteorological Department (IMD) on Thursday, 23 June 2022, said that the Southwest monsoon is likely to cover the entire country by 6 July 2022, a tad earlier than the normal date of 8 July 2022.
The INR edged lower against the USD to close at approximately 78.31 levels for the week.
In the commodities market, Brent crude for August 2022 settlement fell to close at approximately USD 110.31/barrel levels.
The yield on 10-year benchmark Government Securities paper fell marginally to 7.427% levels.
Source:
www.nseindia.com | www.bseindia.com | www.Bloomberg.com
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
**basis portfolio of the Scheme as on April 30, 2024
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
**Basis constituents of the scheme as on April 30, 2024
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
*The PRC matrix denotes the maximum risk that the respective Scheme can take i.e. maximum interest rate risk (measured by MD of the Scheme) and maximum credit risk (measured by CRV of the Scheme)
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