Market Quote : Following gains in global equities, early losses in the domestic market were reversed Says Mr. Vinod Nair, Geojit Financial Services.
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Quote on Market 15 November 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"Following gains in global equities, early losses in the domestic market were reversed with banking stocks steering the recovery. Food and commodity price declines have helped to keep domestic inflation below 7%. Although the CPI has continued to remain above the RBI's tolerance limit of 6%, it is estimated that it will begin to fall within the range from Q1 FY24."
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