Market Quote : Despite hitting record highs, the domestic market failed to sustain Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 21 June 2023 By Vinod Nair, Head of Research at Geojit Financial Services
Despite hitting record highs, the domestic market failed to sustain its upward trajectory due to prevailing concerns over global issues and a delayed monsoon. Furthermore, market volatility was exacerbated by consecutive days of net selling by FIIs, while mid-cap stocks maintained their steady gains. Meanwhile, in the global market, sentiments were dampened as UK CPI inflation came in hotter than expected, adversely affecting investor confidence.
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