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Market Quote : The Indian market is maintaining its resilience despite mixed cues from global equities Says Mr. Vinod Nair, Geojit Financial
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Quote on Market 6 October 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"The Indian market is maintaining its resilience despite mixed cues from global equities and surging oil prices. Both domestic and foreign investors are supporting the rally. The market was also bolstered by expectations on Q2 results session, with improvement in sectors like Metal, IT, and Reality. However, the decision of OPEC to significantly reduce output has increased oil prices, which is slightly unfavourable for importers like India."
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