Market Quote : Indian equities faced broad-based weakness, but the benchmark managed to stay marginally positive Says Mr. Vinod Nair, Geojit Financial Services
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below Quote on Market 10 July 2023 By Vinod Nair, Head of Research at Geojit Financial Services
Indian equities faced broad-based weakness, but the benchmark managed to stay marginally positive with the support of strong buying in heavyweight stocks. The weakness was led by IT stocks, as the sector is set to kick off the Q1 result season with expectations of soft earnings. Additionally, cues from the US markets are unfavourable, as concerns about another rate hike persist despite expectations of a fast cooling of future US CPI inflation data.
Above views are of the author and not of the website kindly read disclaimer
Top News
India continues to grapple with 'severe and protracted power crisis' after surge in coal prices
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
More News
Morning Note : Market Update and Key Stocks 15 November 2022 By Asit C Mehta Investment
