Market Quote : This volatility is expected to sustain in the global market as we await the Fed policy Says Mr. Vinod Nair, Geojit Financial Services.
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Below Quote on Market 08 December 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"After touching a record high, the domestic market experienced significant volatility as global markets tumbled due to fear of an economic slowdown and worries over a Fed rate hike. Recession fears weighed on IT and pharma stocks while banks, especially PSBs, continued to support the bourses. This volatility is expected to sustain in the global market as we await the Fed policy decision and US inflation numbers due next week."
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