Indian markets failed to hold on to its strong start By Vinod Nair, Geojit Financial
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Below are Views On Indian markets failed to hold on to its strong start By Vinod Nair, Head of Research at Geojit Financial Services
"Indian markets failed to hold on to its strong start as rising bond yield countered positive sentiments. All major sectoral indices belled the day in negative terrain while smallcap indices continued to remain positive. The US market has had a robust close yesterday taking cues from fall in the US unemployment rate and signing of the stimulus bill. However, Asian & European markets couldn’t maintain the optimism due to rising US bond yield ahead the FED policy meeting next week"
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