Market Quote 27 April 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 27 April 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"Market continued to be gripped by high volatility following a heavy selloff in the global markets led by elevated energy crisis and weak Chinese economic outlook underpinned by prospects of US rate hikes. Investors are weighing the possibility of a global slowdown due to monetary tightening by central banks, lockdown in China and Russia -Ukraine war. This has resulted in an outflow of funds from equity markets to safe havens"
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