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Market Quote 17th December 2021 By S Ranganathan, LKP Securities
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Below is the market quote 17th December 2021 By S Ranganathan, Head of Research, LKP Securities
"Indices succumbed today to the relentless FII selling this month as the Nifty skid below 17K with the IT Index being the only exception. Earnings beat together with revised growth guidance by Accenture however helped the IT Index gain almost 2% during the afternoon on a day when almost every other sectoral index ended deeply in the red. The Midcap & Smallcap Indices were pounded as investors stayed back today amidst a hawkish FED and rising domestic inflation data"
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