Market Quote 11 February 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 11 February 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"Aggressive FII selling resulting from negative global cues wreaked havoc in the domestic market today. Globally markets traded in red amid mounting concerns of surging US inflation which fuelled fears of a hawkish rate hike by the central bank. US inflation surged 7.5% on an annual basis with the consumer price index for all items rising 0.6% in January. On the domestic front, all sectors were deep in red with IT, realty and PSU banks being the most affected"
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