Market Quote : Indian indices have resumed their rally, following the global market trend Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 31 July 2023 By Vinod Nair, Head of Research at Geojit Financial Services
Indian indices have resumed their rally, following the global market trend, as cooling inflation across the globe gave hopes of an end to the policy tightening era. The latest positive development was the Eurozone's inflation slowing for the third consecutive month in July, coming in at 5.3%, in line with market predictions. Moreover, the euro zone economy grew by 0.3% during the June quarter, according to preliminary estimates, slightly surpassing market expectations.
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