India’s Financial Conditions In March Worst Since The Onset Of Covid-19 Pandemic: ICICI Securities
A man holds a two thousand Indian rupee banknote for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

India’s Financial Conditions In March Worst Since The Onset Of Covid-19 Pandemic: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

Our proprietary Financial Conditions Index (FCI) score fell to its lowest level since March 2020, mainly due to tightening conditions in the debt, forex and aggregate demand markets.

On the other hand, buoyancy in the stock market and continued easy liquidity conditions provided support to equity and money market scores.

FCI fell to 8.5 in March 2021 from 9.6 in February and the local maxima of 10.4 in November 2020.

Click on the attachment to read the full report:

ICICI Securities Financial Conditions Index.pdf

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