Market Quote : Sentiments of investors are reinforced by positive domestic data and optimistic global cues Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 03 July 2023 By Vinod Nair, Head of Research at Geojit Financial Services
Sentiments of investors are reinforced by positive domestic data and optimistic global cues. Global market was supported by resilient economic data, avoiding the possibility of a recession. India’s stock market trend was broad-based, owing to the outperformance from energy, financial, metal, and FMCG sectors. Economic activities are gaining strength with PMI level enlarging to 57.8, indicating sustained demand for products, fostering a sense of confidence in the manufacturing prospects.
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