Market Quote : On the domestic front, the market experienced limited downside as the pharma and auto sectors provided support Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 26 June 2023 By Vinod Nair, Head of Research at Geojit Financial Services
The global market exhibited a negative bias as concerns regarding economic growth emerged in light of the political instability in Russia. This instability led to an increase in oil prices, driven by worries over potential supply disruptions, given Russia's status as one of the largest oil producers. On the domestic front, the market experienced limited downside as the pharma and auto sectors provided support. Additionally, mid and small-cap stocks were seen recovering their positions following a recent sell-off, indicating a regained investor confidence in these segments.
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