Market Quote : Globally, investors are digesting the FOMC minutes with stock markets trading Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 05 January 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"Globally, investors are digesting the FOMC minutes with stock markets trading lower revealing that the Fed officials' are determined to tame inflation by maintaining its aggressive stance. Financials led the losses in the domestic market, following dismal business numbers from NBFC leader. Oil prices recovered after falling sharply on fears of a worldwide recession, as investors remain optimistic about long-term demand"
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