Market Quote : In the US market, cautious trading prevailed as debt-ceiling negotiations took precedence Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 16 MAy 2023 By Vinod Nair, Head of Research at Geojit Financial Services
The domestic benchmark's ascent towards record high was interrupted by selling pressure in heavyweight stocks, although small and mid-cap stocks outperformed. As anticipated, the Eurozone economy experienced a modest growth of 0.1% QoQ in the Jan-Mar period, following a stagnant previous quarter. In the US market, cautious trading prevailed as debt-ceiling negotiations took precedence.
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