Market Quote : Indian markets opened on positive note following positive overall Asian markets Says Mr.Narendra Solanki, Anand Rathi Shares & Stock Brokers
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Quote on Market 15 November 2022 By Narendra Solanki, Head Fundamental Research- Investment Services, Anand Rathi Shares & Stock Brokers
Indian markets opened on positive note following positive overall Asian markets. However the markets couldn't sustain the gains post morning session. During the afternoon session the markets traded volatile with weakness in Metal and Capital Goods shares dragged key gauges lower, while buying in Auto and Telecom stocks helped markets to trade near neutral lines. Traders were cautious after India’s exports dip to $29.78 billion in October 2022 from $35.73 billion a year ago. Besides, trade deficit widened to $26.91 billion as against $17.91 billion a year ago.
During the closing session, some support also came from financial stocks which helped in markets to firmly trade in green.
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