Market Quote : With persistent bearish pressure from global stocks amid rising yields Says Mr. Vinod Nair, Geojit Financial
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Quote on Market 16 September 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"With persistent bearish pressure from global stocks amid rising yields and dollar index, the domestic market surrendered to the global trend despite its strong decoupling scenario and encouraging macroeconomic data. Post the release of US inflation data, which showcased a MoM increase in inflation, the global market has been pricing in the likelihood of a more aggressive policy response from the Fed."
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