Quote on Morning market 31 March 2022 By Dr. V K Vijayakumar, Geojit Financial
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Below is quote on Morning market 31March 2022 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
"Hopes of de-escalation in the war have proved to be short-lived and the uncertainties associated with the war continues. From the market perspective, there are two positives which may support the market. One, the sharp decline in dollar index from above 99 to 97.7 is positive for equity markets globally. Two, FPIs turning buyers with a good buy figure of Rs 1357 cr along with DII buying will impart resilience to the market. Reports of large crude releases from US's strategic reserves may further soften crude prices.
There is more room for financials to move up"
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