Market Quote : The minutes showed that even while decision-makers Says Mr. Vinod Nair, Geojit Financial
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Quote on Market 18 August 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"Following the release of the Fed minutes, domestic equities experienced profit booking amid weak sentiment from global peers. The minutes showed that even while decision-makers were concerned about the impact of aggressive actions, they were in favour of raising rates further. In the domestic market, IT and pharma were the major laggards, responding to the fall in the US stocks, while financials maintained their support"
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