Market Quote : The current trend in the global market indicates uncertainties By Vinod Nair, Geojit Financial
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Quote on Market 05th July 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"Domestic market had started strong by extending its yesterday’s gains supported by strong macro numbers but global bourses opened weak impacting to close with marginal losses. The current trend in the global market indicates that the uncertainties around recession and tightening monetary policy continues to haunt investors’ confidence. Dollar index opened sharply high affecting the performance of emerging currencies, depreciating INR"
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