Market Quote : Infrastructure activity indicates an acceleration led by the rise in core sector output Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 03 October 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"Consolidation continued given the rising US bond yields and dollar index, prompting FIIs to pull funds. While the moderation in oil prices may provide respite on the downside. Infrastructure activity indicates an acceleration led by the rise in core sector output. The auto stocks declined due to mixed bag monthly data, while a near-normal monsoon will aid positive sentiment for consumption in the near term."
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