09-08-2022 04:02 PM | Source: Geojit Financial Services Ltd
Market Quote : The domestic financial market experienced a wave of optimism Says Mr. Vinod Nair, Geojit Financial
Quote on Market 08 September 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"The domestic financial market experienced a wave of optimism tracking strength across global markets as oil prices eased, cooling investor concerns about rising inflation. Despite premium valuations, consistent FII inflows are aiding Indian bourses to stay resilient. On the sectoral front, auto stocks were in focus as retail sales of automobiles grew 8.31% YoY in august while banking stocks moved in sync"
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