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
Fertilizers & Agricultural Sector update : All deman...
Economics - Expect 10bp slippage in FY26E fiscal def...
IT Sector Update : Mid-caps set to outperform by Ela...
Gujarat's stride towards 'Atmanirbhar Bharat': Pulse...
Expected Strike On Venezuela: Investment Repercussio...
India`s care economy to generate over 60 million job...
MOSt Market Roundup : Nifty future closed negative w...
India pushing ahead to diversify exports amid US tar...
The Index can long above 26350 for the potential tar...
Indian lenders' loan growth picks up pace in Decembe...
Tag News
MOSt Market Roundup : Nifty future closed negative with losses of 0.48% at 26329 levels by M...
The Index can long above 26350 for the potential target of 26500 the stop loss of 26250 level - GEPL Capital Ltd
Quote on Closing Market Summary 05th January 2026 by Aakash Shah, Technical Research Analyst at Choice Equity Broking Private Limited
Quote on Market Wrap 05th January 2026 by Shrikant Chouhan, Kotak Securities
