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Market Quote 08 February 2022 By S Ranganathan, LKP Securities
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Below is the market quote 08 February 2022 By S Ranganathan, Head of Research, LKP Securities
"As policy makers face one of the fastest pace of price increases in the developed markets, global stock markets are facing a challenge in pricing the likely actions by central bankers. Back home, the Nifty opened extremely weak and drifted closer to 17K levels on geo-political worries and soaring oil prices with passive emerging market funds booking profits. As bond yields price in ahead of the RBI policy, supply of paper ahead of a mega primary market offering kept investors circumspect though indices managed to recover substantial lost ground to end in the Green in afternoon trade"
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