Market Quote : Led by broad-based buying, domestic indices witnessed solid gains Says Vinod Nair, Geojit Financial Services.
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Quote on Market 24 November 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"Led by broad-based buying, domestic indices witnessed solid gains as investors digested the latest FOMC meeting minutes, which hinted that the rate hike cycle may be slowing down. The optimism was further boosted by falling crude prices and the declining dollar index. Crude oil prices dropped over talks of a possible price cap on Russian oil and a rise in US product stockpiles"
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