Market Quote 07th December 2021 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 07th December 2021 by Vinod Nair, Head of Research at Geojit Financial Services
"Domestic bourses staged a recovery bucking the trend in the international markets supported by broad-based buying while healthcare stocks lost ground. Global markets traded with optimism on reports that the Omicron strain may not be as severe as expected. Moreover, additional liquidity freed up by the Chinese Central Bank through policy easing boosted the Chinese markets. In the Indian Markets, banking and financial stocks advanced since the MPC is scheduled to announce its policy decision tomorrow where the RBI is likely to keep its policies unchanged considering the short-term uncertainties"
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