Market Quote : The market already remains sensitive to FIIs selling Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 06 January 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"Investor risk sentiment took a blow post the release of the FOMC meeting minutes, which indicated further rate hikes in 2023 to tame inflation. Upcoming key US jobs data is expected to be encouraging which would influence the next Fed’s policy. The market already remains sensitive to FIIs selling and IT stocks traded with deep cuts ahead the release of corporate earnings next week as the growth is anticipated to be muted."
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