Market Quote 01st December 2021 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 01st December 2021 by Vinod Nair, Head of Research at Geojit Financial Services
"After the sharp sell-off in the global markets yesterday, Indian equities reversed its course following recovery in global markets and strong domestic GDP data. India’s Q2 GDP recorded a growth of 8.4% as economic activity moved towards normalcy after the impact of the second wave. Though the Fed chair’s comment on speeding up the pace of the bond-buying taper plan kept investors cautious along with the concerns of Omicron, the global markets recovered sharply today"
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