2024-08-07 04:03:36 pm | Source: Geojit Financial Services
Market Quote : Global Markets Rebound as BoJ Deputy Governor Assures No Rate Hike Says Mr. Vinod Nair, Geojit Financial Services
Below the Quote on Markets by Vinod Nair, Head of Research, Geojit Financial Services
"Global markets experienced a notable rebound after the BoJ's Deputy Governor reassured that the central bank would not raise interest rates during a period of financial instability. The Indian market also witnessed broad-based buying across sectors, with the Realty sector seeing a relief rally due to the reinstatement of indexation benefits. The carry trade issue appears to have been eased for now and the focus is on the ongoing RBI policy, which is likely to hold the rate and positive economic outlook."
"Global markets experienced a notable rebound after the BoJ's Deputy Governor reassured that the central bank would not raise interest rates during a period of financial instability. The Indian market also witnessed broad-based buying across sectors, with the Realty sector seeing a relief rally due to the reinstatement of indexation benefits. The carry trade issue appears to have been eased for now and the focus is on the ongoing RBI policy, which is likely to hold the rate and positive economic outlook."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Preeti Adani outlines vision for Adani University`s ...
Dinesh Ganvir takes charge as GSI chief, to step up ...
PAC Chairpersons conference to be held in Thiruvanan...
Haryana Completes 60 Glorious Years: Cm Nayab Singh ...
Global cues, oil prices likely to drive stock market...
Goa Chief Minister Pramod Sawant flags off the 6th e...
Labour and Employment Minister Mansukh Mandaviya lau...
CII hails GST reforms as transition to trust-based g...
Marigold farming empowers women, boosts rural income...
Celebrities attend inauguration of `The Library`by N...
Tag News
Global cues, oil prices likely to drive stock market in week ahead
Quote on FPI Flows in Indian Markets for the week of 26-30 October 2026 by Dheeraj Gaur, Chief Investment Strategy Officer at Choice Wealth
Quote on Weekly Market Outlook for the coming week, and technical views from Mr. Ajit Mishra, SVP - Research, Religare Broking
Quote on FPI flows 01.11.2026 from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
