Market Quote : While the US market awaits the release of personal consumption expenditures data Says Mr. Vinod Nair, Geojit Financial Services
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below Quote on Market 31 March 2023 By Vinod Nair, Head of Research at Geojit Financial Services
As the financial year drew to a close, the market witnessed an upward trend marked by bullish moves in the banking and IT sectors driven by robust global cues. Notably, an increased interest from foreign institutional investors due to the moderation in Indian stock valuations also aided. While the US market awaits the release of personal consumption expenditures data, which is considered a crucial indicator for forecasting the Federal Reserve's future actions, domestic investors await the RBI MPC meeting scheduled next week.
Above views are of the author and not of the website kindly read disclaimer
.jpg)
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
