20-11-2023 05:40 PM | Source: Geojit Financial Services Ltd
Market Quote : Elevated long-term interest rate trends and a weakening global economy continue to hurt inflows and market movement Says Mr. Vinod Nair, Geojit Financial Services
![](https://portfolio.investmentguruindia.com//uploads/news/broker_1.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below Quote on Market 20 November 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"Elevated long-term interest rate trends and a weakening global economy continue to hurt inflows and market movement. While the recent softening of inflation in the US & India and the negative trend of crude are expected to help the view on global equity and India in the short term. In that context, the ease in FIIs selling is helping the domestic markets but continues to consolidate primarily due to India's premium valuation relative to global peers. In this scenario, the IT sector is benefiting; however, valuation continues to be on the higher side compared to long-term history, suggesting a cautious approach in the sector in the medium term."
Above views are of the author and not of the website kindly read disclaimer
Latest News
![](https://portfolio.investmentguruindia.com/uploads/news/Indian Statergy_03july.jpg)
India Strategy : A broad-based beat By Motilal Oswal...
![](https://portfolio.investmentguruindia.com/uploads/news/coal37.jpg)
India`s coal production surges by 14.5 pc to 84.6 mi...
![](https://portfolio.investmentguruindia.com/uploads/news/ashwini37.jpg)
Collective effort must to harness Artificial intelli...
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
Quote on Sensex crossing 80000 mark by Shrikant Chou...
![](https://portfolio.investmentguruindia.com/uploads/news/pharma.jpg)
Marksans Pharma rises after its arm gets marketing a...
![](https://portfolio.investmentguruindia.com/uploads/news/AutoSec27Feb.jpg)
Automobiles & Components : Weak retail trends across...
![](https://portfolio.investmentguruindia.com/uploads/news/Gas_11Feb.jpg)
Confidence Petroleum India jumps on acquiring 99.99%...
![](https://portfolio.investmentguruindia.com/uploads/news/Federal Bank.jpg)
Federal Bank surges on registering 20% rise in gross...
![](https://portfolio.investmentguruindia.com/uploads/news/NBFC.jpg)
Standard Capital Markets gains on getting nod to rai...
![](https://portfolio.investmentguruindia.com/uploads/news/Rupee Dollar.jpg)
Rupee weakens against US dollar on Wednesday
Top News
![](https://portfolio.investmentguruindia.com/uploads/news/Gold 1 nov.jpg)
Gold flat ahead of US inflation data
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
Quote on Sensex crossing 80000 mark by Shrikant Chouhan, Head Equity Research, Kotak Securities
More News
![](https://portfolio.investmentguruindia.com/uploads/news/Arvinder Singh Nanda, Master Capital Services Ltd.jpg)
Coming week`s market report from Arvinder Singh Nanda, Senior Vice President, of Master Capi...
![Views On Markets today Yashovardhan Khemka, Senior Manager, Research & Analytics at Abans Holdings Ltd](https://portfolio.investmentguruindia.com/uploads/news/Yashovardhan Khemka.jpg)
Views On Markets today Yashovardhan Khemka, Senior Manager, Research & Analytics at Abans Holdings Ltd
![Weekly Market Note : Nifty and Sensex, settled around the week`s high at 22,378.40 and 73,806.10 By Mr. Ajit Mishra, Religare Broking](https://portfolio.investmentguruindia.com/uploads/news/Broker _14.jpg)
Weekly Market Note : Nifty and Sensex, settled around the week`s high at 22,378.40 and 73,806.10 By Mr. Ajit Mishra, Religare ...
![Morning Market Quote from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services](https://portfolio.investmentguruindia.com/uploads/news/Broker _18.jpg)
Morning Market Quote from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services