Market Quote 16 September 2021 by Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 16 September 2021 by Vinod Nair, Head of Research at Geojit Financial Services
"Driven by reforms, the Indian market kept raising its bar and traded to new record highs. Today’s market rally was driven by strong buying in Banking stocks especially in PSBs. The banking sector is expected to perform well in the coming days as the sector which failed to fairly participate in the ongoing rally due to fear over asset quality is gaining traction. Asian markets traded with cuts as the fall in Chinese property stocks pushed Asian stocks down while European markets traded with positive sentiments"
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