Market Quote : Weak signals from the global markets and elevated oil prices Mr. Vinod Nair

27/10/2022 5:17:24 PM | Source: Geojit Financial Services Ltd

Market Quote : Weak signals from the global markets and elevated oil prices Mr. Vinod Nair - Geojit Financial

News By Tags | #607 #4943 #879 #6776

Below the market quote from Vinod Nair, Head of Research at Geojit Financial Services.

Weak signals from the global markets and elevated oil prices are challenging the domestic market to maintain its gains. The US IT giants' disappointing quarterly earnings served as the catalyst for selling in the US market. ECB is expected to aggressively increase rates by 75bps. Investors are expecting world central banks to slow down the pace of rate hikes, in the future, which could be positive for India in 2023."

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Market Quote : Weak signals from the global markets and elevated oil prices Mr. Vinod Nair - Geojit Financial

Top News

Tag News

More News