Market Quote 20 October 2021 By S Ranganathan, LKP Securities
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Below is the market quote 20 October 2021 By S Ranganathan, Head of Research, LKP Securities
"Indices corrected quite meaningfully today led by the expensive side of the market where valuations had got stretched. Almost all sectoral indices ended in the red although PSU banks were seen bucking the trend with investors cherry-picking for value in that pocket. The street is taking note of the cost pressures emanating from higher input costs in companies that do not possess the pricing power"
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