Market Quote : The broader markets too saw a steep correction in several stocks Says S Ranganathan, LKP Securities
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Quote on Market 11 October 2022 By S Ranganathan, Head of Research at LKP Securities
"India's outperformance till date made a case for profit booking for the FIIs today as geopolitical and currency risks came to the forefront. Practically all sectoral indices ended in the red with the Nifty closing below 17k on a day when nothing was spared. The broader markets too saw a steep correction in several stocks which have been defying gravity and moving up since the past several weeks."
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