Market Quote 16 March 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 16 March 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"Ease in FII selling & crude prices is adding strength to the domestic trend. Positive global cues & strong bounce back by the Chinese market in anticipation of stimulus supported the trend. The world equity market has stabilized factoring in a 25bps hike in US FED, an in-line policy outlook, will be a relief to the market and we may see a drop in volatility"
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