Standard Chartered India - Money Insights

The Week That Was - 17 Aug: Inflation Moderates, Tech Rallies, and FII Inflows Return

Standard Chartered India

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0:00 | 7:22

In this week’s episode of The Week That Was, host Michelle Castellino breaks down key global and domestic market developments:

  • ​Global Markets: Global equities ended the week on a positive note, supported by lower-than-expected US CPI inflation data and easing recession concerns, which fueled strong gains across tech and growth sectors in the US and Europe.
  • ​India Macro & Economic Data: Domestic economic indicators signaled continued resilience, highlighted by cooling retail inflation figures and steady industrial output performance.
  • Domestic Equities & Capital Flows: Indian benchmark indices maintained upward momentum, driven by widespread buying across IT, banking, and consumer sectors. Foreign Institutional Investor (FII) inflows turned net positive, supporting local bond yields and market stability.

Speaker:

Michelle Castellino

Investment Strategist