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Merisis Wealth Monthly Outlook - April 2024

In April 2024, India's economy saw CPI easing slightly to 5.09%, while WPI declined to 0.20%. IIP growth slowed to 3.80% YoY in Jan 2024, and GDP stood at 8.40% for Dec 2023. Meanwhile, institutional flows into equity remained robust, with FII, DII, and MF seeing net inflows.

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Authors

  • Naresh Bulchandani, CFA, CAIA - Head Products & Advisory