Market Quote 07 June 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 07 June 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"The volatility in the market is forcing investors to stay sidelined ahead of the RBI’s policy announcement. The market has factored a hike up to 50bps of repo rate & CRR, but any further stricter measures to clamp liquidity due to lingering inflation will have ramifications on the market trend. Apart from the monetary measures, the RBI’s guidance on growth and inflation forecast will determine the market trend"
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