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Market Quote : Continued FII inflows combined with a consolidation in the dollar index Says Mr. Vinod Nair, Geojit Financial Services.
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Quote on Market 09 November 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"Continued FII inflows, combined with a consolidation in the dollar index, boosted market sentiment. A major next trigger could be the US CPI inflation, to be announced tomorrow, consensus indicate a moderation to 7.9% in October compared to 8.2% in Sept. A fast slowdown in inflation would provide the fuel for the market to edge higher, the key problem of 2022"
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