Market Quote 07 January 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 07 January 2022 by Vinod Nair, Head of Research at Geojit Financial Services
"Domestic indices erased early gains following weak cues from global peers as markets globally await the eurozone inflation rate and US payroll data due later today. Strong appetite for healthcare and consumer durable stocks aided the markets in closing flat with a positive bias. Although rising omicron cases and hawkish stance by the US Fed is keeping the market volatile, hopes of favourable earnings season and FIIs switching to net buyers is pumping in optimism into the market"
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