22-09-2023 04:24 PM | Source: Geojit Financial Services
Market Quote : Domestic markets closed on a sombre note as mixed cues from US and Asian markets Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 22 September 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"Domestic markets closed on a sombre note as mixed cues from US and Asian markets weakened domestic investors’ confidence. Nevertheless, PSU bank stocks outperformed as India's inclusion in JP Morgan's Government Bond Index led to a decline in bond yields. A broad basis, risk-averse sentiment prevailed due to the ongoing ascent of US bond yields and concern over higher rates for a prolonged period."
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