Market Quote 22 October 2021 by Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 22 October 2021 by Vinod Nair, Head of Research at Geojit Financial Services
"Despite a strong opening owing to favourable global cues, domestic indices continued its losing streak succumbing to profit booking and barring banks and realty stocks, all major sectors bled. The global market traded green as investors welcomed a surprise interest payment by China’s debt-ridden major property developer. However, the Indian market is impacted by muted Q2 results, which are weak than forecasted due to high input cost"
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