Market Quote 15 February 2022 By S Ranganathan, LKP Securities
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Below is the market quote 15February 2022 By S Ranganathan, Head of Research, LKP Securities
"As the street went into trade today after yesterday's biggest single day fall in the last ten months, investors were left thinking whether the template has indeed changed. A confluence of headwinds is now weighing on the minds of investors even as we had a massive pull back rally today led by Autos, Banks, IT & FMCG. The narrative for the day however was the fact that investors used the correction to their advantage thereby triggering short covering amidst encouraging export data for the month of January"
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