Market Quote : Markets traded weak throughout the day ahead of the Inflation Print expected today Says S Ranganathan, LKP Securities
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Below Quote on Market 13 February 2023 By S Ranganathan, Head of Research at LKP Securities
With the Third Quarter Earnings Season coming to a close this week, Markets traded weak throughout the day ahead of the Inflation Print expected today. PSU Banks & IT stocks dragged Indices as traders booked profits on a rather dull day of trade wherein most of the sectoral indices ended in the red. Equity ownership of Retail Investors now stands at a record 24.5% at the end of third quarter even as they remind themselves of rising fixed income rates on dull days like today.
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