Sensex down 290 points .. TCS, Axis Bank stocks down ..! | Sensex Nifty live updates 14 july 2022: mindtree tata elxsi rupee covid crude gold USA june inflation

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The US government announced on Wednesday that retail inflation in the United States has increased to 9.1 percent in June 2022. 1980 As US inflation hits 9 percent in April, the Fed is expected to raise its benchmark interest rate further.

But at the same time crude oil prices are falling, there is too much opportunity to wait and make a decision. As a result, trade on Thursday started with a rise rather than decline.

Especially in the Indian market, consumer goods and pharma stocks have started to receive overinvestment. Pharma stocks may be higher due to rising number of corona infections. Similarly, IT stocks continue to decline.

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