The highly volatile domestic markets witnessed a smart recovery By Vinod Nair, Geojit Financial
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Below are Views On The highly volatile domestic markets witnessed a smart recovery By Vinod Nair, Head of Research at Geojit Financial Services
"The highly volatile domestic markets witnessed a smart recovery from its morning weakness and was swinging between gains and losses during the day owing to strong buying seen in FMCG, Pharma and Energy stocks. However, auto stocks were under pressure after the announcement of the government's new scrapping policy. The unsettling pace of U.S bond yields and a surge in COVID cases worldwide resulted in the global markets trading deep in red"
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