Market Quote 11 August 2021 by Vinod Nair, Geojit Financial Services
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Below is quote on Daily Market view 11 August 2021 by Vinod Nair, Head of Research at Geojit Financial Services
"Following continued selling in broader markets and weak Asian and US peers, Indian indices shed its early gains, however, late recovery helped the market to close the day on a flat note. Measures taken by BSE to curb excessive price movement in smaller stocks nudged selling pressure in small and mid-cap stocks while a clarity from BSE on limiting its restrictions to penny stocks gave some relief. Mainstream sectors succumbed to profit-booking while metal, energy and infra sectors traded against the trend"
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