Market Quote : Negative cues from global peers cast a shadow over investor sentiments Says Vinod Nair, Geojit Financial Services
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Below is on Market Quote 21 February 2023 By Vinod Nair, Head of Research at Geojit Financial Services
Despite opening gains, negative cues from global peers cast a shadow over investor sentiments. Underpinned by inflationary concerns, the market is keenly eyeing the US fed meeting minutes, scheduled to be released tomorrow, for hints on further monetary policy tightening. Risk appetite was further hammered by FIIs turning net sellers and fear of El Niño.
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