Market Quote 25th October 2021 by Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 25th October 2021 by Vinod Nair, Head of Research at Geojit Financial Services
"Market opened weak, however strong support from Banking stocks helped to balance the bearish pressure and lifted the indices to trade on a flat note. Improved asset quality and business growth based on key Q2 earnings aided the banking sector to improve the outlook leading to outperformance. Global markets were steady in anticipation of robust quarter earnings in the backdrop of inflation fears and possible tightening of monetary policy in the next policies"
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