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Market Quote 18 April 2022 By S Ranganathan, LKP Securities
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Below is the market quote 18 April 2022 By S Ranganathan, Head of Research, LKP Securities
"Indices opened gap down on the back of weak global cues as the federal reserve tightens policies to tame inflation. Benchmark Indices never really recovered during the day from the twin blow of the IT Index & the Bank Nifty with rising oil prices and inflationary pressures adding to the woes. The broader markets did see buying interest in select pockets like Defence, Paper & Fertilisers on the back of continued positive Tailwinds"
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