Morning Market Quote: Globally sentiments turned negative with IMF downgrading global growth to 2.7 % in 2023 Says Dr. V K Vijayakumar, Geojit Financial
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Quote on Morning market 12 October 2022 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
"Even though the trend of FII selling being countered by DII buying continued yesterday too the huge FII selling of Rs 4612 crores overwhelmed the DII buying of Rs 2430 crores dragging the Nifty down sharply by 257 points. Globally sentiments turned negative with IMF downgrading global growth to 2.7 % in 2023 and the market concerns surrounding financial stability in UK.
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