Morning Market Quote : There is weakness in global markets on renewed Covid fears Says Dr. V K Vijayakumar, Geojit Financial Services
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Quote on Morning Market 29 December 2022 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
"There is weakness in global markets on renewed Covid fears on top of the concerns surrounding the US economy tipping into recession. These concerns are likely to keep the markets subdued and,therefore, the Nifty may consolidate around the present levels with a downward bias. The next trigger for the markets will come from the Q3 results starting from January 12th. Financials, capital goods and construction-related segments are likely to post good Q3 numbers and, therefore, investors may closely watch these segments."
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