Market Quote 11 January 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 11 January 2022 by Vinod Nair, Head of Research at Geojit Financial Services
"Domestic benchmark indices showcased a flattish trend with positive bias as the market weighed the expectations of a strong quarter amid concerns over rising cases, supply issue and inflationary pressure. Global market was on the edge as Fed meeting minutes hinted at rate hikes, elevated US inflation and the awaited release of US CPI inflation data. Domestic inflation levels are also likely to be significant due to unfavourable base effect though food prices have declined during December"
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