Market Quote : Concerns about a recession and potential interest rate hikes in western markets Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 31 MAy 2023 By Vinod Nair, Head of Research at Geojit Financial Services
As indicated by multiple economic data points, the Indian economy is presently experiencing a robust recovery, leading to an upward trend in domestic equity markets. However, the rally is being hindered at times due to negative signals from global peers, as observed today. Concerns about a recession and potential interest rate hikes in western markets are impacting the domestic market but it is nevertheless maintaining the outperformance.
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