Market Quote 09 March 2022 By S Ranganathan, LKP Securities
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Below is the Market Quote 09 March 2022 By S Ranganathan, Head of Research, LKP Securities
"D-Street Bulls finally held the upper hand today on reports suggesting that the Ukrainian President is no longer pressing for NATO membership. With Covid behind, short-covering coupled with the Exit Poll results buoyed the bulls as benchmark indices rose almost 3% in late afternoon trade with major sectoral indices ending in the Green. Domestic Investors who have reposed faith in the GOI policies amidst the turmoil and volatility would be keenly watching the impact of rising Oil & Commodity prices on Inflation and Corporate Earnings"
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