How different sectors in Nifty50 fared in the second quarter of 2022-23
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Amid continuing macro headwinds in the form of rising interest rates, higher inflation, depreciating rupee and effects of the ongoing Russia-Ukraine war, India Inc reported a decent set of numbers in the second quarter of 2022-23. The performance was supported by increased consumer spending, a benign demand environment, steady increase in volumes and moderate price hikes. The Nifty50 universe reported a 29% and 9% increase in revenue and PAT