Market Quote 19 July 2021 by Vinod Nair, Geojit Financial Services
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Below are Quote on Daily Market view 19 July 2021 by Vinod Nair, Head of Research at Geojit Financial Services
"Shadowing global sell-off, Indian indices slipped succumbing to world inflation woes, FOMC meeting next week and rising covid cases. Banks led the domestic downtrend as initial quarterly results pointed to cautious asset quality due to the impact of the second wave. Slackening economic growth in the US led to reports of likely downgrade in growth forecast in current year triggering global sell-off"
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