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Market Quote : Domestic indices lost ground following the global rout as investors Says Vinod Nair, Geojit Financial Services
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Below is on Market Quote 10 February 2023 By Vinod Nair, Head of Research at Geojit Financial Services
Domestic indices lost ground following the global rout as investors speculated over the prospects of further policy tightening. Worries of a looming recession escalated as the President of Richmond Fed added to the hawkish comments by the Fed speakers. The announcement by MSCI to reduce the weighting of four Adani Group companies further hurt sentiments at home.
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