Powered by: Motilal Oswal
2/08/2022 5:11:47 PM | Source: Geojit Financial Services Ltd
Market Quote : Global indicators did not favour bulls, with most Asian and Western markets Says Mr. Vinod Nair, Geojit Financial
News By Tags | #607 #4943 #879 #6776
Market Quote : Global indicators did not favour bulls, with most Asian and Western markets Says Mr. Vinod Nair, Geojit Financial

Quote on Market 02 August  2022 By Vinod Nair, Head of Research at Geojit Financial Services.

"Global indicators did not favour bulls, with most Asian and Western markets trading over concerns of rising geopolitical tension between the US and China. Additionally, economic data point to a decrease in demand, major markets throughout the world are trading with recessionary fears. The domestic market, however, has proven resilient thanks to increased demand in heavyweights and a strengthening Indian rupee underpinned by falling US treasury yields & FIIs buying"

 

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here