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Market Quote 15th November 2021 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 15th November 2021 By Vinod Nair, Head of Research at Geojit Financial Services
"Domestic market was trading with a negative bias, between gains and losses, tracking volatile global markets and in the wake of domestic inflation data. Owing to the rise in prices of crude petroleum and manufactured products, India’s WPI in October spiked to 12.54% from 10.66% in September. On the contrary, China’s Industrial output growth accelerated to 3.5% YoY despite fresh covid restrictions and supply shortages, thereby easing concerns over a global economic slowdown. Buying interest in consumer durables and healthcare stocks outweighed bleeding metals and PSU banks to end the day’s trading session on a flat note"
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