Market Quote 24 August 2021 by Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 24 August 2021 by Vinod Nair, Head of Research at Geojit Financial Services
"Strong rebound in broader markets along with favourable global cues bolstered optimism in Dalal Street, led by metal, banking and realty stocks. Metal stocks led the rally as value buying was witnessed in the sector after deep sell-off during the past four trading sessions due to weak iron ore futures across the globe. The USFDA granted full approval to the covid-19 vaccine by Pfizer and BioNTech which pumped in hopes of faster inoculations"
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