Market Quote : Investors are becoming risk-averse due to rising geopolitical Says Mr. Vinod Nair, Geojit Financial
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Quote on Market 11 October 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"Investors are becoming risk-averse due to rising geopolitical turmoil as well as worries about the global economic slump. Investors' caution ahead of the announcement of inflation data prevented a better-than-expected start to IT earnings from improving market mood. However, as compared to global counterparts, domestic selling is not as aggressive since FII selling is primarily absorbed by DIIs."
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