Market Quote 21 April 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 21 April 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"Resurgence of investor interest in IT and Banking space along with support from heavyweights and global peers helped in strengthening the market. However geopolitical worries, inflation fears and likely hike in fed rates is pressurising the foreign investors to continue their selling spree. Increasing oil prices on concerns over potential EU ban on Russian imports will be a short term headwind resulting in volatility in the market"
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