Market Quote 05 January 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 05 January 2022 by Vinod Nair, Head of Research at Geojit Financial Services
"In a highly volatile session, the domestic market witnessed a recovery following a mild dip though the global sentiments were not in favour of bulls. Increasing covid cases leading to stricter restrictions has pressurised market volatility. The banking sector outshone other sectoral indices as few private lenders reported double-digit business growth during the third quarter. IT stocks took a blow as investors awaited the onset of the quarterly results season. US and Asian markets traded weak ahead of the release of the US Fed meeting minutes while European indexes held ground"
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