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Market Quote 04 January 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 04 January 2022 by Vinod Nair, Head of Research at Geojit Financial Services
"Tracking strong momentum of global peers, domestic bourses witnessed a smooth sail, steered by index heavyweights and gains in financials & consumer durables. Despite surging covid cases, investor sentiments remain positive globally as reports suggest lower impact of the new variant on economic recovery. However, India’s unemployment rate rose to 7.9% in December as compared to 7% in November owing to muted economic activity in rural and urban India amid rise in Omicron cases"
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