Market Quote : Markets are rising, assuming that we are in the last phase of the rate hike Says Vinod Nair, Geojit Financial Services
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Below is the daily Market Quote 2 February 2023 By Vinod Nair, Head of Research at Geojit Financial Services
Markets are rising, assuming that we are in the last phase of the rate hike cycle as indicated by the Fed statement. Adani Group stocks revived post the confident statement by Total Energies, a large French energy company, raising the sentiment of the market. Pharma stocks have taken a beating as a result of weak third-quarter results.
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