01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Market Quote : The sharp decline in crude prices is a huge positive for the domestic economy Says Mr. Vinod Nair, Geojit Financial Services.
Quote on Market 21 November 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"The sharp decline in crude prices is a huge positive for the domestic economy. However, the market did not respond favourably due to stronger headwinds from the global market. The prospect of a prolonged tightening cycle by the US Federal Reserve and the Chinese COVID restrictions affected the world market. Along with other major sectors, metal stocks traded with cuts despite the government's decision to remove export duty on iron and steel."
Above views are of the author and not of the website kindly read disclaimer
Latest News
Drone Light Show, cultural event in Ahmedabad to bol...
Shraddha Kapoor asks fans how mountains can be broug...
Automobiles & Components: Turning Tides by Kotak Ins...
Bandhan Life: Empowering Futures with a Fresh Vision...
With April series having expired, expect markets to ...
Buy BAJAJ AUTO Ltd For Target Rs.10,138- LKP Securities
IPO Report : JNK India Ltd. - Choice Broking Ltd
Sector Update : Agrochemicals Green shoots - Elara C...
Markets to consolidate in near term
Buy Aditya Birla Capital Ltd For Target Rs.220 - JM ...
Tag News
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing week Says Mr. Ajit Mishra, Religare Broking
Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services
Monthly Debt Market Update, September 2023: CareEdge Ratings