03-09-2024 06:27 PM | Source: Geojit Financial Services Ltd
Market Quote : Domestic Market Pauses Amid Mixed Global Signals, Fed Rate Cut Expected says Vinod Nair, Head of Research, Geojit Financial Services
Below the Quote on Market Quote by Vinod Nair, Head of Research, Geojit Financial Services
"Amid mixed global signals and the absence of significant new catalysts, aside from the anticipated Fed rate cut, which is already factored in, the domestic market took a breather. Mild caution emerged due to a recent slowdown in manufacturing activities, which indicates a slowdown in demand. However, predictions of an above-normal monsoon extending through September and accelerated capex by the GoI in the H2FY25 boosted consumption and rural based stocks like FMCG stocks."
Above views are of the author and not of the website kindly read disclaimer
Latest News
Actor Rakul Preet Singh spotted at Mumbai airport as...
Adani Green Energy gains on signing joint venture ag...
Miss Universe India 2024 Rhea Singha on her journey,...
B`town diva Alia Bhatt spotted promoting upcoming re...
IND VS BAN: Cricket fans arrive at Green Park in Kan...
``It is a very proud feeling``: Divya Deshmukh on In...
Rs 850 crore HPC systems to bolster weather, climate...
SJVN zooms on inking two MoUs with Government of Mah...
`US is giving its jewels to India` USISPF President ...
Information Technology Sector Update : A revival on...
Tag News
Bought Stock Futures to the tune of 13,658 Cr - Axis Securities Ltd
Nifty opened on a flat note, but sustained buying momentum throughout the session led it to close near the day`s high - Axis Securities Ltd
Nifty 50 extended its record run to sixth session on September 26 aided by late surge - HDFC Securities
The index started the session on a positive note and gradually inched northward as the day progressed - ICICI Direct
More News
Daily Market Analysis : The monthly expiry day was a roller-coaster ride for participants, u...
Weekly Market Outlook : It turned out to be a volatile week for equity markets By Ajit Mishra, Religare Broking
Quote on FPI : FPIs bought equity for Rs 6521 crores on June 3rd in response to exit polls say Dr. V K Vijayakumar, Chief Inv...
Daily Market Commentary : Broader market outperformed with Nifty Midcap 100 and Nifty Smallcap 100 up 0.8% and 1% respectively ...