Market Quote : The momentum was passed onto domestic equities Says Vinod Nair, Geojit Financial Services
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Below is on Market Quote 21 March 2023 By Vinod Nair, Head of Research at Geojit Financial Services
Gaining buoyancy from a slew of measures to shield the banking sector, global markets witnessed recovery ahead of the US Fed policy announcement on Wednesday. The momentum was passed onto domestic equities, which were led by large-cap banks. However, the gains were capped by IT stocks on caution over muted deal wins from the BFSI segment in the western markets.
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