10-11-2022 04:30 PM | Source: Geojit Financial Services Ltd
Market Quote : Investors are becoming risk-averse due to rising geopolitical Says Mr. Vinod Nair, Geojit Financial
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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