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Market Quote 08 April 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 08 April 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"Market was cautious during the last 2-3 days ahead the RBI meet and its future policy stance. Measures being in-line with market expectations led to a relief rally. The focus has shifted to the Q4 earnings season, which will start next week, initiated by the IT & Banking sector. Outlook for the banking sector is robust due to rapid bounce in credit growth & improvement in balance sheet while preview for IT is mixed as Q4 is seasonally weak"
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