PMS Monthly Communication Research Report - July 2023

Strong Domestic macro data like inflation cooling to 24 month low at 4.25% from 6.4% in Feb, Industrial production edges higher to 4.2% vs 1.7% in previous month, Robust GDP growth at 6.1% & an FY23 growth rate at 7.2% brought more stable outlook for Indian economy FPI are coming back strongly with big bang as they poured almost 55K cr in Indian Equities in