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Market Quote : Positive global sentiments also played a vital role in uplifting the market Says Vinod Nair, Geojit Financial Services
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Below is on Market Quote 03 March 2023 By Vinod Nair, Head of Research at Geojit Financial Services
The market had more reasons to cheer today than to worry about concerns regarding inflation. PSU Banks led the sectoral rally as reports of foreign investments in Adani stocks helped the sector in recouping the dampened sentiments. The sentiment was further lightened as FIIs turned in strong buyers. Positive global sentiments also played a vital role in uplifting the market, as a Fed official commented on a favourable level of rate hike in the next meeting
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