Market Quote : Domestic bourses mirrored an upbeat mood in global equity markets Says Vinod Nair, Geojit Financial
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Quote on Market 07 July 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"Domestic bourses mirrored an upbeat mood in global equity markets as investors digested the latest FOMC minutes while falling crude and commodity prices lifted investor sentiments. This upside momentum could dominate the markets in the near-term, underpinned by hopes of reducing inflation. The RBI’s latest slew of measures to boost foreign exchange inflows is expected to aid the tumbling rupee."
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