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Market Quote : Return of FIIs and declining dollar index aided the market rally Says Mr. Vinod Nair, Geojit Financial
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Quote on Market 12 August 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"Return of FIIs and declining dollar index aided the market rally. While Metals and Oil & Gas garnered buying interest, IT and pharma weighed on sentiments. Oil and gas stocks were in focus as the government diverted some natural gas from industries to city gas operators in an effort to moderate the prices of CNG and piped cooking gas"
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