Market Quote 27 July 2021 by Vinod Nair, Geojit Financial Services
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Below is quote on Daily Market view 27 July 2021 by Vinod Nair, Head of Research at Geojit Financial Services
"Domestic market skewed in favour of the bears, failing to hold onto its early gains due to weak global cues and selling in pharma stocks. Bleeding pharma companies pulled down the market due to a weak start to sector earnings season. It created panic as the sector is priced with high expectations. Broadly, barring metals and consumer durables, all major sectors traded in negative territory. Following heavy selling in China and weakening Asian peers ahead of the crucial Fed Reserve policy meeting stated this week
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