Market Quote 25 March 2022 By Vinod Nair, Geojit Financial Services
Below is the daily Market quote 25 March 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"After the recent 10% rally, the market has turned sideways with a negative bias due to increase in commodity prices, tightening monetary policy and inflationary pressure. Domestic market is showing strong resilience but to sustain the trend a lot will depend on the outcome of the war & commodity prices. Ease in covid restrictions in India is a boost for sectors like hospitality, multiplex, transportation etc, leading to the outperformance"
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