Market Quote : Domestic benchmark indices closed flat after a positive session Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 23 May 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"Domestic benchmark indices closed flat after a positive session, driven by buying in the metal, pharma, and auto sectors. However, market sentiment was challenged by a sell-off in IT stocks, influenced by weak signals from the US market. The direction of the US market is anticipated to impact global equities, with investors closely monitoring upcoming events such as the release of FOMC minutes, US PMI, and progress in debt-ceiling talks"
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