What's New!
Earnings slow further excluding banking that is bouncing on Base effects. The govts 15 Aug commitment does not change the budget but market awkwardly hope for an independence day package every year🤔
WPI reflects the dis inflationary trend in the economy but not far from outright deflation.
A currency devaluation maybe the only way out

Markets rallied back from losses despite global cues Earnings continue to slow down X banking and financial sector and WPI sends more disinflationary signals...
https://youtu.be/ziFVN-aUsIs