Market Quote 04 March 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 04 March 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"Global bourses are witnessing a sharp sell-off as reports of Russian attack on Europe’s biggest nuclear plant in Ukraine kept tension levels elevated. Rising oil prices along with uncertainties on supply change disruption have instilled fears that inflation could cross RBI’s tolerance level, though temporarily. The domestic market, however, trimmed its losses as buying was witnessed in IT and Pharma stocks"
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