Market Quote 04 February 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 04 February 2022 by Vinod Nair, Head of Research at Geojit Financial Services
"The domestic market continued to ride yesterday’s downtrend with most sectors barring FMCG and Metal facing sell-off. Western markets also lacked strength as the Bank of England imposed a back-to-back rate hike in yesterday’s policy meeting while the dovish ECB acknowledged the risk of rising inflation signalling a rate hike in the future. Wall Street remained highly volatile as a huge sell-off was seen in Meta (Facebook) post its earnings"
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