Market Quote 25 March 2022 By Vinod Nair, Geojit Financial Services
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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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