India inflation for June-2022 at 7.01 is a bad news and India IIP growth for May-2022 at 19.6% is a good news for India stock markets.

Indian central bank RBI want to keep inflation at 4% with + or - 2%. That makes RBI target is to keep India inflation in between 2% and 6%.

So still RBI hikes of interest rates can be expected in future.

Share it on Social Media