Market Quote 30 May 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 30 May 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"A near term trend reversal is visible in the domestic market, supported by valuation comfort and positive trend in the global counterparts. US Stocks were boosted on softening inflation worries which will be a crucial factor in deciding the tone of the upcoming Fed policy meeting. The easing of long-running lockdown in China also helped in lifting the sentiments across Asian markets. The market is expected to have a positive run in the near term; however, the impact of central bank policies will be a key factor to be monitored"
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