01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Market Quote : Strong US retail sales data scaled down the worries Says Mr. Vinod Nair, Geojit Financial
Quote on Market 18 July 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"Strong US retail sales data scaled down the worries of an aggressive rate hike higher than 75bps providing the much-needed optimism to global equities. The European Central Bank, in its meeting this week, is set to increase its interest rates for the 1st time to contain record high inflation. On the domestic front, while IT and banking stocks were lifted by bottom fishing, realty stocks accumulated gains on improving business prospects."
Above views are of the author and not of the website kindly read disclaimer
Latest News
Daily Market Commentary : Domestic equities snapped ...
Post market comment by Mandar Bhojane, Research Anal...
HDFC Life and Peerless Financial Products Distributi...
DBS Bank India hosts an Exclusive Screening of ``Net...
India's Mahindra Holidays Q4 profit jumps on higher ...
India receives oil cargo in Russian SCF tanker after...
India's Force Motors Q4 profit slips on higher costs
HCLTech appoints Lee Fang Chew as Independent Director
India's SBI Life Insurance reports lower new busines...
Government working on setting up Maritime Developmen...
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