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
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
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
Research links frailty to dementia risk
PM Narendra Modi hails Pankaj Advani`s `phenomenal a...
When Vidya Balan was ?thrown? out of a very big Tami...
October Sees Record Inflows in Equity Mutual Funds, ...
Bitget Forays into UK Market, Offering A Broad Range...
Karnataka takes the lead in emerging technology, wit...
Motilal Oswal AMC Unveils Results of 2nd Edition of ...
Quote on Debt Outlook by Puneet Pal, Head Fixed Inc...
Leveraging China Plus One Strategy can significantly...
Market Shifts: Palm Oil, Cotton, Corn, and More Face...
Tag News
Market Quote : FII-triggered selling pressure continued to impact the domestic market Says V...
Quote on Nifty by Rupak De, Senior Technical Analyst, LKP Securities
Market Wrap by Shrikant Chouhan, Head of Equity Research, Kotak Securities
Daily Market Analysis : The Markets remained under pressure, shedding over a percent, extending the ongoing correction phase Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd
More News
Morning Nifty and Derivative comments 22 September 2023 By Anand James, Geojit Financial Ser...
Daily Market Analysis : Market showed strength amid mixed cues and gained over half a percent Says Mr. Ajit Mishra, Religare Br...
Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking
Daily Market Analysis : Markets extended decline and lost nearly half a percent, in continuation to the prevailing corrective p...