Market Quote : The global market`s are positive in assumption of being in the last phase of the rate hikesSays Vinod Nair, Geojit Financial Services
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Below is the daily Market Quote 2 February 2023 By Vinod Nair, Head of Research at Geojit Financial Services
Despite a growth oriented budget, drop in crude prices and upside in the global market, the domestic market is not able to gain because of the Adani saga having a ripple impact on the investors. In addition, the premium valuation of India continues to weigh down the performance compared to other emerging markets which are expecting upside in the economy. The global markets are positive in assumption of being in the last phase of the rate hikes.
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