08-11-2022 04:22 PM | Source: Geojit Financial Services Ltd
Market Quote : The global market encouraged optimism Says Mr. Vinod Nair, Geojit Financial
Quote on Market 11 August 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"As softer than expected US inflation data suggested a slower pace of rate hike, the global market encouraged optimism. US CPI inflation smoothened to 8.5% in July as lower energy prices offset increase in food and shelter cost. Domestic investors await the release of India’s inflation data due today, which is expected to show a decline in inflation trend on a MoM basis."
Above views are of the author and not of the website kindly read disclaimer
Latest News
Neha Kakkar grooves with `Gulabi Sadi` hitmaker Sanj...
After `The Broken News 2`, Akshay Oberoi says agenda...
With IWL-2, home-and-away league in place, AIFF reco...
Arjun breaches Air Rifle world record in Olympic Sel...
Evening Roundup : A Daily Report on Bullion Energy &...
Nifty closes above 22,550, Sensex up 487 pts on anot...
Daily Market Analysis : Markets resumed up move on t...
India`s IndiGo places order for 30 Airbus A350 jets
Goa Chief Minister Pramod Sawant celebrates his birt...
Union Minister Smriti Irani participates in `Dukhdur...
Tag News
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing week Says Mr. Ajit Mishra, Religare Broking
Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services
Monthly Debt Market Update, September 2023: CareEdge Ratings