Market Quote : Bears continued to wreak havoc in the domestic market Says Vinod Nair, Geojit Financial Services
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Below is on Market Quote 24 February 2023 By Vinod Nair, Head of Research at Geojit Financial Services
Bears continued to wreak havoc in the domestic market as the latest data releases from the US heightened the existing worries of aggressive rate hikes. The personal consumption expenditure in the US, which is Fed’s key monitorable of inflation, increased in January, pressuring investors to stay away from equities markets. The US dollar index surpassed 105, adding further pressure on the INR.
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