Market Quote : The market is taking a breather ahead of the upcoming Q1 results Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 04 July 2023 By Vinod Nair, Head of Research at Geojit Financial Services
The market is maintaining its optimism; however, a profit-booking tendency is visible at the upper band as the recent rally has raised the market to the historic new high range. The momentum of the market has shifted from the frontlines of this year to the laggards like IT, commodities, and PSUBs. The market is taking a breather ahead of the upcoming Q1 results. Pharma and banking displayed a positive trend, while the auto sector faced selling pressure following a mixed set of sales data for the month of June.
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