12-11-2024 05:21 PM | Source: Geojit Financial Services Ltd
Market Quote : FII-triggered selling pressure continued to impact the domestic market 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 by Vinod Nair, Head of Research, Geojit Financial Services
"FII-triggered selling pressure continued to impact the domestic market. The recent strengthening of the dollar, driven by aggressive ‘Trumponomics’ is adding fears. Additionally, the anticipated rise in domestic inflation, due to increasing food prices, along with depreciating INR, may influence the RBI’s monetary policy. Most sectors were in the red, while IT stocks gained on expectations of increased US IT spending."
Above views are of the author and not of the website kindly read disclaimer
Latest News
Hold Motherson Sumi Wiring India Ltd For Target Rs.7...
Buy Endurance Technologies Ltd. For Target Rs.2,825 ...
.jpg)
Buy Latentview Analytics Limited For Target Rs.663 ...
India best place in world to provide sustainable inf...
India needs up to $30 billion investment in EV charg...
Textiles sector turning into another key source of i...
India`s business activity picks up momentum in Octob...
Buy Gujarat Gas Ltd. For Target Rs.660 By Motilal Os...
Buy Bharat Forge Ltd For Target Rs.1,700 By Emkay Gl...
National Consumer Helpline gets 1,000 firms on board...
Tag News
Market Outlook: Q2 GDP, FIIs data and global cues key triggers for next week
Technical Outlook for the week starting November 25 by Lovelesh Sharma, Consultant, SAS Online – a deep discount broker
Heavy FII selling in India to taper off soon, say market watchers
Weekly Market Analysis : Markets ended the week with decent gains, offering relief after weeks of correction Says Mr. Ajit Mishra, Religare Broking
