Morning Market Quote : IT results have been on expected lines with decent growth Says Dr. V K Vijayakumar, Geojit Financial Services
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/11/26bf42f7eee89868fc6cda505a42606d.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Quote on Morning Market 08 November 2022 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
"The important takeaway from Q2 results is the excellent performance of the banking segment aided by impressive credit growth, improving asset quality and rising margins. This trend is likely to continue in the coming quarters too. From the market perspective an important trend is that the price differential between private and PSU banks is getting narrower. Autos, particularly the premium segment, has done well. Capital goods is another bright spot and the order book indicates good times ahead. IT results have been on expected lines with decent growth. The weakest segment is commodities - oil and gas, metals, and cement. In pharma, Sun Pharma has reported stellar performance amidst mostly disappointing results in the sector. Market is responding to good numbers and punishing worse than expected results."
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Clean Science and Technology.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Somany logo.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/startup.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Srinivas Narayanan.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Mongolia.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/nitingadkari37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul03v68_wcHr0zT.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/IT Sector03.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Bharti Airtel Ltd.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/f6904419b2f1cb985436195010d0ee3d.jpg)
Trend reversal in FPI investment from buying in last 3 months to selling in Sep
![Morning Market Quote :In spite of this net institutional selling Nifty is up by 434 points for the month so far Says Dr. V K Vijayakumar, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/d04a18db325c9705186bbe1f1e7e84e6.jpg)
![Quote on the Impact on sectors ahead of G20 Summit 2023 from Dr. V K Vijayakumar, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/85c397d2a314597b8ca2248ac54a6e69.jpg)