Market Quote : The domestic market experienced a short-lived rally that was overshadowed Says Vinod Nair, Geojit Financial Services
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Below is on Market Quote 24 May 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"The domestic market experienced a short-lived rally that was overshadowed by subdued global market sentiment. US Treasury yields rose due to concerns over stalled US debt ceiling talks and hawkish comments from US Fed officials, which reduced the chances of a rate pause. European markets also declined, triggered by higher-than-expected UK inflation figures that bet on more rate hikes by the BoE"
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