Market Quote : As the domestic market has started to trade Says Mr. Vinod Nair, Geojit Financial Services.
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Quote on Market 16 November 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"As the domestic market has started to trade around the all-time high levels it is trending indecisively following the recent geopolitical tensions and weak performance by global counterparts. Although domestic macroeconomic indicators and FII inflows are favourable, given the high valuations, domestic markets can behave cautious in the short to medium-term. Rest of the other EMs look more attractive when the global market is attempting to bounce back after a long period of consolidation."
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