The Weekly market outlook 09 July 2021 By Mr. Vinod Nair, Geojit Financial Services
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Below is the Weekly market outlook 09 July 2021 By Mr. Vinod Nair, Head of Research at Geojit Financial Services
"The domestic market continued to be under the grip of bears following weak Asian peers as investor confidence was shattered due to the global spread of Delta virus variant. The equity market is turning risk-averse and side-lined. The IT sector also turned bearish as the initial earnings results did not meet the expectations of the market. While the focus of domestic investors has shifted from secondary to attractive primary IPOs, affecting the liquidity of trading in the equity market which we believe to be short-term"
Above views are of the author and not of the website kindly read disclaimer
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