04-11-2024 04:48 PM | Source: Geojit Financial Services Ltd.
Market Quote : As expected, India is underperforming its global peers due to excess valuation says Vinod Nair, Head of Research, Geojit Financial Services
Below the Quote on Market from Vinod Nair, Head of Research, Geojit Financial Services
"As expected, India is underperforming its global peers due to excess valuation. The ongoing selloff has deepened by weak Q2 earnings, dampening investor sentiment. Continued volatility is anticipated in the short-term, as attention shifts to the closely contested US presidential election. Additionally, key economic events, such as the US Fed and BoE policy decisions, will be critical in shaping market movements. "
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