Market Quote : The domestic market, though experienced a lack of decisive direction Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 19 MAy 2023 By Vinod Nair, Head of Research at Geojit Financial Services
The domestic market, though experienced a lack of decisive direction, closed the day on a positive note. The optimism in the US market was fuelled by progress in debt ceiling talks and stronger-than-expected jobless claims. However, the prospect of a stronger US economy suggests that the Federal Reserve may keep policy rates elevated for an extended duration.
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