Market Quote : Benchmark Indices dropped yet again on the back of Covid scare in China Says S Ranganathan, LKP Securities
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Below Quote on Market 21 December 2022 By S Ranganathan, Head of Research at LKP Securities
"Benchmark Indices dropped yet again on the back of Covid scare in China and elsewhere but today's fall was more noticeable to participants since the red colour on the screen engulfed all over barring Pathology Labs, Hospitals and select Pharma counters involved in covid related drugs. Barring Healthcare & IT all other sectoral indices ended in the red as benchmark Indices lost over a percentage in afternoon trade despite opening in the green even as developed markets continued to trade in the green"
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